As the business quarter reached a close, Microsoft’s astounding first quarter earnings show that it ended up with less cash than Apple. Microsoft ended up with a total of $20.7 billion and Apple, with $24.5 billion. This, however can be figured out how, as Microsoft has been putting its money into shareholder dividends, stock buybacks, and acquisitions, whereas Apple hasn’t been working on those fronts as much.
Chief execute of Apple, Steve Jobs, was quoted as saying:
“The economic downturn may present extraordinary opportunities to companies that have cash. Cash is king. We are very comfortable with cash in bank and it is not burning a hole in our pocket.”
WOW
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Your grammar frightens me.
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