Apple announcing what it plans to do with its' 97 billion cash on hand!

Quote from Random.Capital:

They're buying Verizon.

While I did laugh at this initially; purchasing a carrier would ensure the longevity of it's product line while increasing Apple's ability to control its' business ecosystem.
 
Im sure Steve Jobs had made a very detailed plan before he passed away and hand chose Tim Cook to carry out that plan. Im sure there were detailed discussions and even written out plans on how to handle that pile of money.

I will put my two cents in on this issue. I think the analysts want a dividend, but Tim Cook will not give them one. Instead, they will use that money to develop more products. Why give away a dividend when you dont really need to?
 
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