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FBN’s Shibani Joshi on Apple sitting on $97.6 billion in cash and concerns over working conditions at Apple factories in China.
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In today's Texas next take a look at apple shares a day taking a look at the integrity -- -- apple all over the board to -- touching a brand new all time -- 52629.
But falling after are right -- 12 o'clock hour lots of questions about whether they're technical profit taking maneuvers in play right here.
But one thing the company is solidly strong on our its cash balances.
As of last month the tech giants pockets were about to burst with nearly nineteen billion dollars in cash.
But CEO Tim Cook saying that apple spends money quote like it's our last penny and an analyst conference yesterday he went on to say that apple shareholders.
Don't want us to act like where rich that may sound bizarre but it's the truth.
He did -- admit there are some more serious discussions on what to do with its money in recent days.
Also an apple -- -- company under immense pressure regarding worker conditions that Chinese factories but ahead of the fair labor association.
Who recently -- toward several facilities saying that they -- in far better condition and those -- garment factories are other facilities.
Elsewhere in the country and -- physical conditions are way way above average.
Of the norm the FLA has yet to -- -- -- conclusion over working conditions there -- a big story there as China becomes a bigger and bigger issue for.
Apple potentially with the blockage of -- -- and obviously working conditions also factor there.
In China they say they're gonna blocking importer by pets -- but they may -- -- -- -- was gonna yeah.
