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Now -- company to apple CEO Tim Cook said yesterday that job they have -- -- -- cash more cash on hand and they need so with nearly a hundred billion.
What could apple use that money for.
Dennis -- -- -- talent he has a few options and attacked let's run through some out of me so much cash so fat.
So few places to put it cook admitted that says Cheryl -- -- that quote.
The company's thinking very deeply.
About what to do with its cash -- of that quote it's more than we need to run the company.
And my gosh look at the soaring cash pile over the years -- you see those bars go up here.
If you look at that line -- -- tonight 98 billion dollars so we are thinking very deeply to.
What could apple do -- 98 bill maybe wolf first of all apple -- go shopping for shoppers.
I mean it could buy target.
And Macy's and Best Buy and Costco -- -- got -- cable that 98 billion for apple -- rather just higher investment Baker's biggest by the bank and take a hit us again by Morgan Stanley.
And -- Goldman Sachs together for 94 billion -- four billion.
Left over but why not diversify apple high tech have -- -- low tech cars yeah Ford and General Motors and 89 -- -- Levin left over we'll take it -- back that does apple makes hardware maybe it should buy some contents.
You know you could -- News Corp.
our parent company and Time Warner and CBS.
For that 89 billion dollars understand that it isn't there a market -- talking just their cash in the bank.
What I did talk to a broker -- -- -- Oregon very Smart guy he says -- should just buy it by itself -- at a market cap at 485 billion.
With ninety billion could buy 20% of the company stock to 520 it likely would jump over a hundred blocks just because they're fewer shares available.
Later in the day though as we keep hitting us now to look for more creative.
Approaches like buying the ten tallest buildings in the world are buying you know -- that are -- I think you -- an entire country crazy -- -- -- back.
Once -- -- Georgia.
Probably definitely by top tendency you know we'd laugh at this but that's the danger of haven't that much cash you've gotten do you really stupid stuff with that it -- they're really under pressure yet they won't I would just borrow pagelet from cap cities ABC.
And Berkshire which believe in buying -- -- you just keep buying back some your own shares you get that leverage of per share earnings going up up up.
Even if you're in a slow growth business.
Apple is not in a slow growth businesses yet though no they're not tennis thanks a -- one town -- Do it before the rates go up exactly did get the dividend really cripple or that tax rate.
-- don't yet get rid of that and -- thank you thank you.
What part what what should apple do with that hundred billion dollars in cash on hand -- idea GM and Ford -- It has.
Minor support -- -- -- of foxbusiness.com is a lot apple.
Haters Hampshire some of the BR FaceBook page but -- but you know it's interesting that people that don't use it -- that.
People do use windows or whether they're not sure there's some of those people left.
But they always -- -- you know complaining about you talk too much about apple but it's just it's such a remarkable stories for c.'s numbers some believe him here in defending windows you're really uncool bulls got somebody.
That authority his where he probably -- -- in parts.
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