Apple CEO Tim
Cook and CFO Peter Oppenheimer will hold a conference call tomorrow to
discuss “the Company’s discussions concerning its cash balance.”
The press release
announcing the conference clearly states that Apple will not be
providing an update on the current quarter nor discussing any topics be
discussed other than cash.
WHERE: Via conference call. The dial-in number for
press is (877) 616-0063 (toll-free) or (719) 219-0041. Please enter
confirmation code 592016.
WHEN: Monday, March 19, 2012 at 6:00 a.m. PDT/9:00 a.m. EDT
Some Wall Street analysts have referred to Apple’s $100B+ in liquid
assets as a liability and have said that it’s time for Apple to return
some of the money to shareholders.
My take is that Apple will announce a dividend for shareholders on tomorrow’s call.
- WHERE: Via conference call. The dial-in number for
press is (877) 616-0063 (toll-free) or (719) 219-0041. Please enter
confirmation code 592016.
- WHEN: Monday, March 19, 2012 at 6:00 a.m. PDT/9:00 a.m. EDT
Some Wall Street analysts have referred to Apple’s $100B+ in liquid assets as a liability and have said that it’s time for Apple to return some of the money to shareholders.My take is that Apple will announce a dividend for shareholders on tomorrow’s call.