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In case you didn't know, Apple has $100 billion in the bank. Cash. They're going to spend some of it- a Tim Cook announcement is live Monday morning at 9AM Eastern/6AM Pacific on a stockholders conference call.
Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome of the Company’s discussions concerning its cash balance. Apple® will not be providing an update on the current quarter nor will any topics be discussed other than cash.
Listen to the conference call here: http://events.apple.com.edgesuite.net/1 ... index.html
So- what will they spend it on? Twitter acquisition? Stockholder dividends? Investment in American labor?
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