jamezr
macrumors P6
I think Apple has more cash reserves than any company in the world. I am curious at what point do shareholders demand a return of that to the shareholders. I just can't fathom why they need that kind of cash in reserve. There could be another lawsuit coming to demand a payout.You're right they do have a large reserve but that in turn does not equate to a solid profitable business. Wall street cares about making money and if Apple suddenly had issues turning a profit the owners (shareholders) would be very concerned.
Just because you have a lot of money in the bank doesn't guarantee future profits, just look at Microsoft, they spent Billions on buying Nokia - not the smartest use of their reserves. While you can say I'm being a Monday morning quarterback now that the dust as settled on that disastrous purchase. Wall steet wasn't keen on them buying Nokia in the first place and their fears were realized with the write down.