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Apple Today Talks Cash
- Forbes , Monday, March 19, 2012 8:59 AM
Applehas announced that it will discuss “the outcome of the company’s discussions concerning its cash balance” at 9 a.m. It said it will not be talking about any other topics other than its $100 billion piggybank. The call will be led by CEO Tim Cook and CFO Peter Oppenheimer.
After months of pressure from investors, Cook indicated on several recent occasions that Apple’s board has stepped up discussions about what to do with its growing cash position, which at this point likely exceeds $100 billion.
