Apple to hold press conference in the morning to address cash reserves

Apple to hold press conference in the morning to address cash reserves
With the unadulterated success from Apple’s iPhone and iPad over the last few years, many have wondered, “What are they going to do with that cash pile?” Apparently all your questions will be answered tomorrow morning.

Apple has issued a press release for a conference call that will occur on Monday, March 19, 2012 at 6 a.m. pacific / 9 a.m. eastern. Tim Cook, CEO, and Peter Oppenheimer, CFO, will be hosting the call to “announce the outcome of the Company’s discussions concerning its cash balance.”

You can call in to the event or listen online. Checkout the press release below for call numbers and web addresses. The webcast will be available for replay for two weeks afterwards.

It is only about 12 hours until we find out officially, but in the mean time, what to you think Apple should do with its cash?



source: Engadget

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