View Single Post
Old 07-29-2011, 12:12 PM   #205
Agamemnon
#1 Goaltender
 
Agamemnon's Avatar
 
Join Date: Jul 2002
Location: Calgary
Exp:
Default

Quote:
Originally Posted by HotHotHeat View Post
Off topic question.... But why would Apple want to hold that much cash in their reserves? As opposed to reinvesting it or buying up other assets?
Maybe because the current economic climate is dire and unstable, and Apple thinks its wiser to hold the cash and only invest/spend when there's more economic certainty.
Agamemnon is offline   Reply With Quote