Apple to Announce Plans for its $100 Billion in Cash Reserves Tomorrow

Posted on March 18, 2012 by

Apple announced they will hold a conference call tomorrow morning to discuss the company’s plans for it’s approximately $100 billion in cash reserves. The discussion will be led by Apple CEO Tim Cook and Apple CFO Peter Oppenheimer at 6AM Pacific / 9AM Eastern. There has been speculation the company will offer a dividend payout to shareholders, and others believe they will invest it in acquisitions. Check back with us in the morning, we will be reporting the news live.

 

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