When Apple delivered its quarterly earnings report this week, all eyes were on how severely lagging iPhone sales would eat into the tech giant’s revenue. However, Apple also disclosed that it has a staggering $245 billion in cash on hand, up almost $8 billion from the previous quarter. That statistic got us wondering, what should Apple buy with all that money? Here are seven ideas for a Tim Cook-led spending spree. 1. 245 Million iPhones When Apple slashed guidance targets ahead of its quarterly earnings report, CEO Tim Cook explained that iPhone sales had been much lower than expected. Apple
7 Things Apple Could Buy with its Staggering $245 Billion Cash Stockpile by CCN
* First published on ccn.com
