Tomorrow morning Apple is holding a conference call to discuss the result of a series of internal conversations regarding its $98 billion war chest.
It was no secret that Steve Jobs was adamant on keeping a rainy day fund – most likely as an overcompensation for the company nearly going bankrupt in the 90s. However, the new man in charge Tim Cook has said, “it’s more than we need to run the company.”
There has been an increasing demand to return cash to the shareholders. This could take place directly in the form of a dividend or indirectly via a stock repurchase program.
Needless to say, the outcome of the call will be plastered across the news tomorrow.
Top Posts of the Week
Scott @ Mortgage 1A posted FHA Loan Requirements and Underwriting Guidelines – The Federal Housing Administration, commonly known as “FHA,” is part of the U.S. Department of Housing and Urban Development (HUD.) The program was created for low income individuals, or families that might need a little help in the homeownership process.
Aloysa @ My Broken Coin posted Some Jobs Pay More Than You Think – The other day I overheard a conversation in the park while waiting for my pug to sniff a dry bush on the curb. Two girls were power walking, passing by me, discussing something animatedly.
Dividend Ninja @ The Dividend Ninja posted Building My Portfolio for Retirement, with Dividends and Bonds – In my mid to late 40’s, my focus of late has been more on planning for retirement and how I will generate a consistent monthly income to fund my retirement. I find myself in between the need to increase my portfolio through capital appreciation, but also for the need to generate monthly income in retirement.
Christopher @ This That and The MBA posted Side Hustle: The Real Mobile Hot Spot – Would you do this for a side hustle?
Shaun @ Smart Family Finance posted When Should You Rent and Not Buy? – Renting can save you money if you follow the rules and understand when you should rent instead of buy.
Christopher @ This That and The MBA posted What to do Wednesday in Personal Finance? Is the Adjustable Rate Mortgage becoming extinct? – What do you think about the future of the ARM? Come take a look at my thoughts.
Erika @ Newlyweds on a Budget posted How to make money as a mystery shopper – Mystery Shopping has a lot of perks. It may not be a lot of pay, but you can get free groceries, oil changes, restaurant meals and more!
Early Retirement Investments posted Is It Better to Bank With a Credit Union? – Read my viewpoints on why credit union may be the better of the two
Dr. Dean @ The Millionaire Nurse Blog posted Killer Jobs: Do You Have One? – Is your job killing you, one keystroke at the time? What can you do when your job requires you to sit for long hours?
AverageJoe @ Average Joe’s Money Blog posted The Passive Income Lie – Everyone’s excited about passive income. Heck, so am I. But is the promise of “work hard now so you can play later” a goal you should pursue?
Steve @ The Loonie Bin posted Investing In Your Health – If it’s important for an investor to make quality investment decisions to efficiently expand their wealth, is it not just as important to make healthy decisions to expand the lifespan of the investor?
Ashley @ Money Talks Coaching posted How Has Your Childhood Affected Your Money Habits? – Think back on your childhood and choose one word to describe the feelings you had about money as a child.
Steve @ Money Infant posted How to Quickly Pay Off Your Credit Cards – Do you want a simple formula for paying off your credit cards as quickly as possible? This is what I did to get rid of $60k worth of debt in just 33 months.
Wayne @ Young Family Finance posted What to Invest in? – Are you wondering what to invest in? Where to invest your money? Find out what you should not be doing.