Apple to Communicate on Its Cash

Apple to Communicate on Its Cash

Apple said on Sunday that it would hold a press conference on Monday "to announce the outcome of the group's talks on its cash balance", which is worth nearly $ 100 billion.

“The telephone conference will be given at 06:00 local time for the Cuppertino group (California, western United States) (ie 15:00 in Belgium, editor's note) by C.E.O Tim Cook and financial director Peter Oppenheimer”, specifies a press release.

Apple has been wondering what he could do with his $ 100 billion fortune for several months now. The company finally decided to announce a press conference, which will be held today at 6:00 am (3:00 pm in Belgium), and which will explain to the shareholders the decisions that have been made. Can we finally expect a dividend return, which would necessarily lead to a fall in the value of the shares? Or perhaps the acquisition of another company? Or even a massive investment in infrastructure construction? Impossible to say for the moment as the company is in the habit of not letting any information filter …

Towards the acquisition of Twitter?

"What Apple is going to do with its cash has been a topic of discussion for a long time, with analysts and investment specialists demanding a dividend", noted Matthew Panzarino in the blog The Next Web blog. "But the most likely option is an acquisition or a big technological investment. Maybe Apple will acquire Twitter, the social network it has so tightly integrated into its iOS and OS X operating systems. ”.

The action crumbled 0.07% 585.15 dollars during the electronic exchanges except official session around 23:30 GMT.

We talk on the forum.

(Source: Belgium-iPhone with AFP.)