Joshua Johnston wrote:
> Apple does have substantial cash reserves, an article in the Mercury
> News posted to bayarea.com
> (http://www.bayarea.com/mld/bayarea/business/companies/3263779.htm)
> claims Apple to have four billion dollars in cash. Even assuming it
> costs Apple two million to keep iTools running until it dies by upgrade
> to .Mac or attrition, that's not even a dent compared to what it could
> do to keep people happy with purchasing Apple products.
>
> I've seen several reports over the years talking about Apple's high
> amount of fluid cash, so it's pretty hard not to accept the fact it's
> out there.
I'm confused. Didn't MS basically provide Apple the cash to keep going a
couple years back? (Or was that all media hype?) I mean, if Apple had that
kind of fluid cash, then they wouldn't have needed/wanted MS's help, right?
- John...
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