Steve BarrettTim Cook

Apple will host conference call concerning it's $100 billion cash reserve

Steve BarrettTim Cook


US Dollars

Apple currently has a war chest of over $100 billion, that's more money in their bank than most European countries.

They have just issued  press release stating that they will host a conference call to announce their discussions concerning this balance.

"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."

The most likely outcome of this call will be the announcement that Apple may finally offer it's shareholders a dividend.