Hacker News new | ask | show | jobs
by matwood 1700 days ago
As other explained, it's to keep cash inflows and outflows as close to even as possible. They have enough cash for future investments and thus don't need to stockpile any more. Apple has been saying this for awhile, and at this point I see it as a joke/humblebrag ('we're making so much money we literally can't spend it all').
1 comments

It's not a joke when the SEC isn't laughing.