“With $4.3 billion in cash, the company has the wherewithal to ride out the tough times. Better yet, signs of a turnaround are on the horizon. The most hopeful news is that a very risky strategy appears to be paying off. Against great odds, Apple is succeeding in establishing its own chain of stores. And they’re fulfilling their purpose: bringing in new revenue rather than draining Apple’s coffers. As CEO Steve Jobs put it, Apple has built a $400 million business from scratch,” writes Charles Haddad in BusinessWeek here.
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