Apple to Announce How It Will Spend Its $100B in Cash Tomorrow
Apple has announced it will hold a conference call tomorrow at 6AM PDT/9AM EDT to discuss what it will do with its almost $100 billion dollars in cash:
Apple Conference Call
WHAT: 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.
WHERE: Via conference call. The dial-in number for press is (877) 616-0063 (toll-free) or (719) 219-0041. Please enter confirmation code 592016.
WHEN: Monday, March 19, 2012 at 6:00 a.m. PDT/9:00 a.m. EDT
Apple’s stock valuation currently makes it the largest company in the world, and its stock price is currently under the $600/share mark, which it finally touched last week.
How will Apple spend all its money? I have no idea. Maybe they’ll buy Canada.