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Apple currently has about $200 billion dollars in the bank. That's a lot of money… so surely having that much tucked away is good right? Well many investors are getting unhappy with Apple's hoarding - so they're developing new plans to spend it…
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Apple currently has about $200 billion dollars in the bank. That's a lot of money… so surely having that much tucked away is good right? Well many investors are getting unhappy with Apple's hoarding - so they're developing new plans to spend it…
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Francisco Gimeno - BC Analyst Imagine having too much money that it's actually a reason to get unhappy. Giant tech companies have a lot and want more. Apple specially has $200 Billion in the bank (more or less). What to do with it? Even with investors' returns, with expenses in new projects and development etc, earnings continue to be higher than they can spend. Apple could buy whole global companies with that money. So what do they do? Watch this and you will learn about the "Tim Cook Doctrine" and other interesting information. Investment in innovation is one of the answers. The rest,... watch it and let us know what you think.