Apple Plans to Spend Some of its $100B Reserve with Big Announcement

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Tonight, Apple sent out a notice to press outlets, announcing that it would be holding a press conference scheduled for tomorrow morning at 9am EDT. The topic? Recent decisions made by the top brass regarding what to do with the electronics manufacturer’s simply massive $100 billion war chest.

Apple Announcement

What are their plans? For now, only Apple CEO Tim Cook and a few other select higher ups can be certain. There seems to be little doubt that Cupertino will announce at least one or two acquisitions, negotiations for which are often conducted in secret so as to avoid giving away competitive advantages.

The other options, of course, would be to reward loyal shareholders. It seems unlikely that the company will distribute dividends at this point in the game, but a stock split wouldn’t be out of the question. Let us know what you think, or just wait until 9am, when they’ll let the rest of us know.

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