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Technology Stocks : Apple Inc.
AAPL 257.78-1.3%2:26 PM EST
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To: Jeff Hayden who wrote (45993)7/15/2005 7:36:33 PM
From: Cogito   of 213182
 
>>Apple has a good-sized horde of cash. But they don't seem to need it to innovate.<<

Jeff -

Yes, they seem to be able to innovate while continuing to increase their cash.

Interestingly, Apple now has about the same amount of cash and short-term investments as Dell reported at the end of their last quarter. Yet Dell, as great a company as it is, is not a hotbed of innovation.

I think there is no correlation at all between money and innovation, although having a bunch of money helps a company bring their innovative ideas to market more quickly.

- Allen
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