Apple Will Tell Us Monday How It Plans To Use Its $100B In Cash

Everyone has been wondering what Apple will do with its outsized cash reserves -- currently at just under $100 billion. Tomorrow the company will hold a conference call to tell the world what that will be. "Tim Cook, Apple?s CEO, and Peter Oppenheimer, Apple?s CFO, will host a conference call to announce the outcome of the Company?s discussions concerning its cash balance. Apple will not be providing an update on the current quarter nor will any topics be discussed other than cash," read a release from the company.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/NRxx8sfhK9g/

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