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Apple to announce plans for its vast cash reserves

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Apple is probably the only company that has an almost $100 billion in cash reserves and now they’ve announced to reveal their plans on how to utilize the vast amount of cash. Apple CEO Tim Cook and CFO Peter Oppenheimer will conduct a conference call announcing the “outcome of the company’s discussions concerning its cash balance.”

The conference call will take place today at 9AM EDT or 6.30PM if you reside in India.

Apple will also live stream the audio of the conference call at the link below.

Live Audio Streaming

Press Release

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