Apple has announced a conference call for Monday morning where it was finally announce its intentions for its nearly $100 billion in cash reserves.
Investors have been wondering endlessly for some time now about what Apple will do with its ever growing reserve of cash, now estimated to be worth around $100 billion. Apple sent out a notice Sunday evening that it will be answering this question at long last at 9 AM EST/6 AM PST on a conference call for media and analysts.
Apple has made it clear that it will not discuss the current quarter or anything else not related to its cash reserves.
Theories have run rampant that Apple may begin issuing a dividended on its stock, beginning a stock buy back or any number of other possibilites.
TechnoBuffalo will be on the call and bring you all the information as it happens.