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Technology Stocks : Apple Inc.

AAPL 259.48

+0.5%

Jan 30 9:30 AM EST

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To: Lizzie Tudor who wrote (72565)	1/22/2008 5:55:41 PM
From: Keith Feral	Read Replies (3) of 213183

It kind of pisses me off that Apple is sandbagging these numbers. $1.4 billion in reserved cash from iPhone sales is a total joke. They will have over $2 billion in reserved cash after the 2nd quarter from the iPhone, with over $20 billion in excess cash. Their excuse for preserving a strong balance sheet to keep cash for acquisitions is an absolute joke. Why would they ever make an acquisition when they have all the software and stuff at their own disposal? As for the Apple making it in the IT world, they need to develop some web browsers that work on IE websites.

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