Cloud Computing: 10 Things We'd Like to See Apple Do with Its $40 Billion
At a recent shareholder meeting, Steve Jobs told Apple investors that his company has $40 billion in cash-on-hand ready to be invested in technology and other strategies that will help the company continue to succeed going forward. Having that much cash and enjoying the kind of success it does is extremely important for a company such as Apple. It gives it leverage. And it ensures that if problems arise, it can address them with cash. But since Jobs has opted against a stock buy-back program, it seems that he will likely invest some of that cash into new projects. Exactly what he will do is unknown. But that won't stop us from spending it for him. There are several things that Apple can do with $40 billion in cash. And all of those ideas will help its business going forward. Let's take a look at what Apple can do with $40 billion.