Apple Discusses Cash Balance On Today’s Conference Call
Apple has a conference call scheduled for today, March 19, 2012 starting at 6:00AM PDT (9:00AM EDT) where Tim Cook, Apple’s CEO, and Peter Oppenheimer, the company’s CFO, will “announce the outcome of the Company’s discussions concerning its cash balance”.
Apple has a lot of money; according to the last earning’s report, somewhere around the $100 billion mark, but the Q4 report should give you more details in case you missed it. With the New iPad, upcoming exciting products like the new iPhone or even computers (desktop or notebook) as well as the incredible buzz around all things Apple, we can expect a continuous growing trend for the Cupertino company. What is it exactly that they will do with all the cash? We’ll hopefully find out soon!