This is The Apple Do With the Cash Worth $ 97.7 Billion

This is The Apple Do With the Cash Worth $ 97.7 Billion 
Is anyone curious about Apple's plans to manage their cash is known about the amount of $ 97.7 billion is? This number even exceeds the combined GDP of the cash reserves of Jamaica and Iceland, which makes Apple one of the largest companies with cash.

Below are the confirmed plan and is being run by the Cupertino-based company:

Executive compensation

Previously CEO of Apple, Steve Jobs, known only get paid $ 1 but has a stake worth $ 1miliar. Successor CEO, Tim Cook, a base salary of $ 900,000 with an additional $ 1/3miliar also in the form of shares in the next few years still can not be liquidated in order to hold him to pull out of Apple.

Hoarding monopolizing components and supply chains

Apple seem to be using its cash to buy the necessary components are also nearly bought the entire stock of the world for the required components. Even Apple is said also to sign an agreement that would preclude the component manufacturers to make similar components for other companies.

Buying back shares and paying dividends

Starting in July, Apple will pay dividends to shareholders of $ 2.65 per quarter per share. Where these measures will also be equipped with a repurchase of shares. It is said that Apple is now able to make his company as a private company where shareholders are no longer needed.

source teknoup
Tag : Apple
0 Comments for "This is The Apple Do With the Cash Worth $ 97.7 Billion"

Back To Top