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General => General discussion => Topic started by: Jay on 19 March 2012, 13:19

Title: What are Apple going to do with that mountain of cash they've built up?
Post by: Jay on 19 March 2012, 13:19

Have a guess before they announce it... That's a LOT of money and today is the day they're going to announce what they will do with it!

http://crave.cnet.co.uk/mobiles/apple-to-reveal-today-how-it-will-spend-62bn-cash-pile-50007370/

Title: Re: What are Apple going to do with that mountain of cash they've built up?
Post by: Jay on 19 March 2012, 13:45

What a boring announcement, like much of their product announcements :lipsrsealed:  :grin:
http://arstechnica.com/apple/news/2012/03/apples-plans-for-its-100-billion-cash-pile-dividends.ars

Amid all flaming they've taken about how much the employees at the factories get paid they go and announce this... So much for those poor Chinese making their devices getting a pay rise, eh?

Title: Re: What are Apple going to do with that mountain of cash they've built up?
Post by: R32UK on 19 March 2012, 18:55

i wonder where this big pile of cash actually is  :undecided:

Title: Re: What are Apple going to do with that mountain of cash they've built up?
Post by: jv on 19 March 2012, 22:09

At the bottom of the euro wine lake? Behind the butter mountain?

Dull but very sensible move. Has been a bit of a joke not paying a dividend.

Title: Re: What are Apple going to do with that mountain of cash they've built up?
Post by: Jay on 19 March 2012, 22:35

Aye, I was shocked when I read they hadn't paid out since 1995 :shocked: I can understand way back then when they were about to get tits, but they've been doing well for years...  :undecided: Oh well, guess the share holders are going to be happy, silly Microsoft shouldn't have sold their shares :grin: