Apple to Announce Plans for Its Hoard of Cash Monday

 By 
Stan Schroeder
 on 
Apple to Announce Plans for Its Hoard of Cash Monday
Mashable Image
Credit:

The call is scheduled for Monday, March 19, 2012 at 6:00 a.m. PDT / 9:00 a.m. EDT.

The details in the call announcement were scarce: All Apple was willing to say is that it will announce "the outcome of the Company’s discussions concerning its cash balance."

Apple's hoard of cash has been a subject of discussions for quite some time. Some call for the world's biggest company to pay out a dividend to its shareholders (Apple has last done this in 1995), and others would like to see Apple eat up other companies.

While any company dreams of having such an enormous pile of cash on its hands (coupled with very little or no debt), the truth is that Apple's cash balance is becoming somewhat of a burden for the company, and large shareholders are getting restless.

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!