The Six Reasons Smart Folks are Worried About Apple
jason
20946
Jason, well done! As a former Apple employee and shareholder I think the most harmful thing Cook is doing is leaving literally $200B in the bank while FB, Fitbit, Samsung and now Snapchat blow past Apple with new innovation. Sometimes companies lose their innovation, sometimes it runs in cycles (Look at GE today) but to have the biggest cash war chest in the history of balance sheets and do absolutely nothing significant with it is a slap in the face to shareholders who would rather own the Autonomous car, AI or VR space instead of earning 3%.