why is apple sitting on a quarter of a trillion dollars in cash
Why is apple sitting on a quarter of a trillion dollars in cash
>trillion dollars in cash
>being this stupid
so they can do this
because convincing your customers that your products are worth more than they actually are leads to high profits
They could make a good product
(OP)
what do you suggest they do with it?
distribute it to investors?
cash it and burn it?
bribe the current POTUS into resigning?
build a franchise amusement park called AppleLand?
build a worldwide internet infrastructure to compete with big telcos?
buy a piece of unused land in Alaska and name it Appleania, with Jobsburg as the seaport capital? maybe build some skyscrapers, and airport, and grow some apple orchards?
speculative imaginary cash, all it takes is one malicious rumor and that value gets slashed by 20% in a matter of hours
5 & 6 sound like good ideas
So that they can buy Disney
>what do you suggest they do with it?
Maybe they could hire a couple of non-retarded people to start fixing their broken software.
making a superior product in a market filled with shit is easy money
Seed money for a breakaway civilization.
exhibit A
Not its market cap niggers.
duyit
Tax laws made tech companies store massive amount money.
Because then they'd have to pay taxes.
There's no fucking way Apple is sitting on 250 gorillion dollars and doing nothing with it.
mfw apple could run my small country for 3 decades
They couldn't because it isn't cash, which is why even huge companies like this can go down the tubes very quickly.
Is offshore cash. If they move it across national boarders they'll have to pay tax. Is not so easy to use these dollars.
they're obviously planning something nefarious
I'm not sure what though
weyland yutani
Interesting. Explain