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from December 2010, tagged Cash

Apple’s Next Strategic Move

by: E. Werner Reschke | Dec 06, 2010

In business there is nothing like having enough cash to do what you want to help your business grow. Whether that is hiring key talent, purchasing new equipment or buying out a competitor, having money in hand is important. Matter of fact the number one reason businesses don't make it past year #1 is cash flow. Having enough “walking around money” to take advantage of key opportunities that may only happen once is a critical factor to a business' success.

Fortunately, Steve Jobs and Company know this all too well. Almost every financial quarterly conference call contains a question about, "What is Apple going to do with their billions in cash?"

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