Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
Apples cash mountain is back where it was in 2010 – From Erik Savitz Apples Stock Buyback Pace Hits Record $25.2 Billion ($) posted in Barrons Friday. Almost five year ago, Apple Chief Financial Officer Luca Maestri said on an earnings conference call that the company intended to reach a net cash position of zero over time. When he made that …
