Wednesday, October 29, 2008

Apple's $24.5B: The case for a stock buyback (Philip Elmer-DeWitt/Technology news)

Philip Elmer-DeWitt / Technology news:
Apple's $24.5B: The case for a stock buyback  —  Here's a headache most companies would love to have.  —  Apple is sitting on a huge cash reserve — $24.5 billion as of September and growing at the rate of $8 to $10 billion a year - that's doing almost nothing for it.



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[Source: Techmeme - Posted by FreeAutoBlogger]