Expect The Unexpected ? Apple To Announce $100 Billion Plan Today

Must Read

How To Leverage On Cold Calling to Help You Win Big In 2021

Cold calling is an old-fashioned sales strategy that involves sales representatives reaching out to prospective customers who have not...

With Free Delivery and Zero Surge Pricing, What’s Swiggy Upto?

Be it fancy, hearty meals delivered at door-step or being the savior of late-night food cravings - Swiggy has...

Are You A Gaming Geek: ‘Five Commandments’ Before You Buy Video Games Online !

Does your day start with joysticks instead of coffee mugs? Or as a kid your best friends were the...

Last month, Apple promulgated at annual shareholders meeting that the company has hoarded $100 billion cash in the bank. There has always been a question what should the company to do with this cash pile. Shareholders and employees of the company continuously have been compelling the company to invest the money in some constructive works. Speculations reveals that with the hoard of cash, Apple could buy some of the companies such as Time Warner ($38 billion), Dreamwork ($1.6 billion), and Viacom ($29 billion). Speculations are finally going to be end by today’s evening. Today, the company is going to announce where it’s really going to invest the money  at “Apple Conference call” at 18:30:00 GMT+0530 (Indian Standard Time). Apple’s CEO—Tim Cook—and Apple’s CFO—Peter Oppenheimer—will host the conference call and will announce the “outcome of the company’s discussion” concerning to the investment of the cash hoard.

Anyway, everyone is highly excited to know what the company is really to do with this money. We might expect that Apple’s board of directors took decisions in favor of all such as dividends of shareholders, acquisition of some other companies and also a dip into philanthropy.

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Advertisements

Latest News

CRED Valuation Soars To $4 Billion As It Raises $251 Million

The fast-growing Credit card payments company CRED has concluded a $251 million financing round and has boosted its value...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded and unparalleled...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter, with a...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the...

More Articles Like This