cash stockpile: Apple's dilemma: What to do with $256 billion cash pile, Telecom News, ET Telecom - News Summed Up

cash stockpile: Apple's dilemma: What to do with $256 billion cash pile, Telecom News, ET Telecom


"Normally, you would expect cash to fund investment opportunities, but obviously Apple doesn't have any use for that much cash. "Bob O'Donnell of Technalysis Research said Apple has a staggering amount of cash and "could make enormous entries and completely rewrite industries" with it. "Apple has almost $50 billion in US Treasury and agency securities, so technically that $50 billion is already here. "Could Apple use some of the cash to bring large-scale manufacturing back to the United States?Jan Dawson of Jackdaw Research said this is unlikely because of Apple's manufacturing and supply process. "But Kay said he sees potential for Apple to bring factories home if the conditions are right.


Source: Economic Times May 03, 2017 05:37 UTC



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