Originally Posted by mdriftmeyer
It has everything to do with ICahn's view point. This is just the beginning of Manufacturing investment, within the US from Apple and Carl knows it.
Once again, MATH is needed to speak intelligently about this.
They could replicate the entirety of the manufacturing plants making every single component that goes into every single Apple device, and yet still not even use up the free cash flow coming in over the next twelve months, much less touch the $150,000,000,000 sitting idle.
Please...please, anyone else who wants to argue against a huge buyback (or one-time dividend), put at least some crude guestimates of numbers together to explain why Apple needs to hold on to their tens of billions of free cash flow this year in addition to the $150,000,000,000 they're sitting on. Without numbers, it's all nonsense.
Again, the ONLY thing which could even come close to absorbing all that cash would be an enormous acquisition (which would be horrible for Apple, and Cook would never consider that for half a second) or something ludicrous like starting from scratch and building their own cellular network (which would also be outrageously stupid).