Apple's Assets are Beyond Massive
Silicon Valley has cemented its clout as the industry of the future. In the last decade, the growth of Facebook, Apple, Twitter and Google has been, to say the least, astronomical. These companies earn more dollars faster than they can reinvest them. In other words, they have lots of money.
Apple's Q4 2011 earnings report, released a few days ago, provided a bullish assessment trumping even (trump) analysts' guesses. Cash on hand? 97.6 billion dollars. That's enough money to buy, well, Ecuador, and still have 30 billion left over for a Diddy party.
The company is not partial to major acquisitions, according to many analysts, but they will reinvest in their own research and development. And for many, the hope is to repay the dividends earned on those who remained faithful throughout Apple's tumultuous 90's.
If the last decade was strong, the '10's should be epic.
Source: techcrunch.com
