[masklinn]

> If they have $50B of cash they have no use for

Not the case and not what was stated.

They don't need those for immediate ops right now, but having tens of billions readily available is a great chip when discussing deal with manufacturers. It means you're able to put billions on the table upfront at a financial moment's notice. Apple's billions in the bank are a major asset in their negotiations.

[jcampbell1]

We can bicker about the amount, but the meaning of "more than we need to run the company", means there is some that is of no use to the company.

I perfectly agree that Apple should keep a massive cash horde to fund future investment.