Apple has too much cash admits Tim Cook
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If Apple were a cartoon character, it would definitely be Scrooge McDuck. I have a mental image of Apple CEO Tim Cook and other Cupertino bigwigs diving into a company pool filled with cash. Consider that $1 billion in $100 bills would weigh approximately 22,000 pounds assuming each bill weighs 1 g according to Dailykos. If you multiply that by 98 it gets us roughly 2,156,000 pounds for the $98 billion in cash Apple has sitting in the bank. I’d say that’s plenty cash to fill a swimming pool Scrooge style. »read more
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