Sentences with phrase «enormous pile of cash»

It is sitting on an enormous pile of cash, easily enough to fund years of loss - making activities, or indeed the launch of an entire new console platform.

Greenlight's David Einhorn has been lobbying Apple for the last year to issue a special class of stock to reward shareholders and as a way to distribute the enormous pile of cash Apple has on its balance sheet.

Not exact matches

SAN FRANCISCO — Since Apple said in January that it would bring back most of the $ 252 billion it held abroad under the new tax law, investors have wondered what the company would do with the enormous cash pile.