“Question: What would you do if you had $117 billion?” Andrew Ross Sorkin wonders for The New York Times. “That’s the challenge facing Tim Cook, Apple’s chief, whose company’s cash hoard keeps growing — by about $1 billion a week.”
“He could hold onto it. He could increase Apple’s dividend, which he instituted this year for the first time,” Sorkin writes. “Or he could spend it.”
Sorkin writes, “Having all that money can be daunting, so to help Mr. Cook, here is a potential shopping list — some must-buys and some pie-in-the-sky targets — that he may want to consider.”
• Research In Motion
Read more in the full article here.
MacDailyNews Take: What would we do with $117 billion?
We’d have The King of All Macs in a palace on our own island with deep water docks for the world’s ten largest yachts and runways for the world’s ten most-expensive private jets. Oh, yeah, and we’d establish our own Army, Navy, Air Force and Marines. Doing it all while dressed as Samurai warriors. In short, we’re pretty sure we’d pull an Ellison x 10. Hey, you only live once!
Just kidding, we’d dedicate half of it to charter schools, invest a quarter of it in AAPL, and roam the world handing out wads of cash and spreading joie de vie!
Then again, maybe we’d just buy a controlling interest in Microsoft and put an end to the world’s misery once and for all. Muahahaha!
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]