News for hackers. Stuff that matters.
Re:Apple Reports Fourth Quarter Results by matwood on Thursday October 28, 2021 @05:54PM (#29032552)
As other explained, it's to keep cash inflows and outflows as close to even as possible. They have enough cash for future investments and thus don't need to stockpile any more. Apple has been saying this for awhile, and at this point I see it as a joke/humblebrag ('we're making so much money we literally can't spend it all').
Re:Apple Reports Fourth Quarter Results by smoldesu on Thursday October 28, 2021 @06:45PM (#29032995)
It's not a joke when the SEC isn't laughing.