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Friday | November 21st, 2008

Apple’s cash could benefit investors

from MacNN | The Macintosh News Network

Apple's cash reserve of $18.5 billion could benefit shareholders in a big way moving forward, according to BusinessWeekcolumnist Arik Hesseldahl. The cash amounts to $21 for each share of company stock, and Hesseldahl believes Apple should return some of that money to shareholders in the form of a buyback. "The time to buy back Apple stock is now,"...

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  • Title: Apple’s cash could benefit investors
  • Written on: February 29th, 2008
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