Apple set to decide on its $98 billion cash hoardMarch 19, 2012 - 10:36 AMT PanARMENIAN.Net - Apple Inc, the world's most valuable company, is poised on Monday, March 19, to confront one of the biggest questions in corporate America: what it plans to do with its $98 billion cash hoard, Reuters reports. Just days after its stock touched $600 per share, Apple issued a short press advisory saying it would hold a conference call on Monday to discuss the outcome of discussions about its cash balances. The move comes as investors have clamored for the company to return some of the money to shareholders. The maker of the iPhone, iPad and iPod has $98 billion in cash and securities, equal to about $104 a share according to ISI Group analyst Brian Marshall. Wall Street has increasingly bet that Apple will this year return cash to shareholders, taking their cue from Chief Executive Tim Cook's comments about "active discussions" at the top levels about the matter. Cook recently said he had been "thinking very deeply" about investors' demands that Apple return some of the cash to shareholders via a dividend. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |