Apple is “using its pile of cash to become the single buyer that controls key high-tech supply chains,” Philip Elmer-DeWitt reports for Fortune.
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“In two different forums, discussions about what to do about Apple’s growing cash problem have come around to seeing things the way Steve Jobs and Tim Cook do,” P.E.D. reports. “In January, you may recall, COO Tim Cook pointed to the $3.9 billion Apple prepaid last summer to three unnamed suppliers for new process equipment and tooling, as ‘an absolutely fantastic use of Apple’s cash.'”
Much more in the full article, including a a Quora post by an anonymous user that reads like a strategic business plan written by Apple’s leadership team, here.