Apple's cash hoard remains mind-bogglingly strong.
As of the most recent quarter, the company has $146.6 billion in cash, short term and long term securities. It generated $7.8 billion in cash from operations last quarter, which is normally its weakest quarter of the year.
Apple is already giving away much of its cash through dividends and buybacks, which is kinda boring when you get right down to it.
What would be a more interesting use of the cash? We've run through some ideas here.
Apple has ~41,000 retail employees around the world. It could give those each one of those hard working people a one time bonus of $3.5 million.
It could buy an iPad Mini for every single citizen of the United States.
Via: Kara Swisher
Everyone says Apple needs to be more social. It could be instantly social if it bought Facebook ($63 billion), Twitter ($20 billion takeout?), and LinkedIn ($21 billion).
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