Apple has accumulated a $76 billion cash hoard. Now, investors are starting to ask just what the consumer-electronics company intends to do with its money pile.
The summary paragraph for an article in the WSJ about Apple’s cash hoard.
I just find this interesting because of the reference to Apple as a “consumer-electronics company.” Most people, including those in the media, still think of them as a computer company, but the Wall Street Journal got it right.