|
|
|
|
|
|
by bob_theslob646
3092 days ago
|
|
|
It's not because of the IT dominance per say, it this:
"Apple's mound of cash and cash equivalents continued to scrape the cloudline this quarter, coming in at $268.9 billion in the company's quarterly earnings report."
(https://www.cnbc.com/2017/11/02/how-much-cash-does-apple-hav...) He is betting that in some shape or form, they will put that cash to work or issue a nice dividend. |
|
|
Cloudline is being modest... a stack of a trillion dollars in singles will take you 25% of the way to the Earth's moon.
https://www.wired.com/2011/09/stacking-one-trillion-dollars/