Apple’s problem: too much cash?

Most small businesses wish they could have the problems of Apple Inc.

The CEO of the world’s largest technology corporation is just sitting on too much cash, to the tune of $137 billion. With the stock not performing as well as it had towards the end of last year, some have been criticising Apple for hoarding too much cash. Hedge fund manager David Einhorn suggested taking a mere $20 billion to increase the stock dividend and give the stock price a boost.

Apple will be holding its annual shareholder meeting Feb. 27.

David Einhorn thinks Apple should share the wealth with stockholders.

(Illustration by Nickolay and Yelena Lamm on behalf ofMyVoucherCodes)

Source | Forbes 

 

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Jim Love, Chief Content Officer, IT World Canada

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Brian Jackson
Brian Jacksonhttp://www.itbusiness.ca
Editorial director of IT World Canada. Covering technology as it applies to business users. Multiple COPA award winner and now judge. Paddles a canoe as much as possible.

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