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by massemphasis 3743 days ago
This is one of the faultier parts of having to answer to share holders. Apple is finding it more difficult to justify having their own entire supply chain rather than relying on other companies (i.e. Intel, IBM, Samsung, etc...)

If they didn't make that horrible mistake of their recent multi-billion dollar purchases, they'd have extra billion atleast towards a fab plant.

I'm laughing at Apple right now. Idiots. You Apple board... are stupid.

1 comments

What? Why would they care about a billion dollars? They're sitting on around $200 billion cash.
They are seen as throwing away cash, and throwing away 1% of cash holdings is very bad.