Apple is too desperate to be making demands. You confuse the Apple of yesterday and of today. Things change fast and things have changed.
replyYou’re right, Apple only has 68 billion dollars in cash, up 40% since last year. Definitely on their last legs.
replyFree cash? Crazy. I think I can live with the interest of that in the bank.
replyI remember the infographics of 5-10 years ago. They had 200 billion. What happened? Sinking ship?
replyThey never had $200 billion in cash in any quarter. Not at least since 2014. Besides, how much cash to hold is an executive decision. If the cash balance went down, it doesn't mean their business is not doing well. Cash can be used for Capex, like what the hyperscalers are doing right now. It can be used for buying back equity.
reply> Apple is too desperate to be making demands
replyThey don't give a F about AI or any new AI model that was announced this morning. Wasn't there news a while ago about them buying Perplexity?
They do, they are low key panicking.
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