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by roc 5218 days ago
I think it might be stretching to say that Apple has no use for that cash. That they have no immediate plans is hardly the same thing.
1 comments

I wasn't stretching anything. Tim Cook said Apple has "more than we need to run the company." Running the company requires having cash for immediate, future, foreseeable and non-foreseeable events. "More than we need" means there is some that there is no need, or "no use".
I didn't consider that statement to be inclusive of cash for non-foreseeable events. I guess that's where we disagree.