Tech
Apple: We've Got More Money Than We Need
Stock quotes in this article:AAPL
CUPERTINO, Calif. (TheStreet) -- Apple(AAPL) has more money than it needs, according to CEO Tim Cook, who indicated on Tuesday that the gadget maker's edging closer to a dividend.
"We have more cash than we need to run the business on a daily basis," he explained, during a keynote at the Goldman Sachs(GS) Technology and Internet Conference, adding that the company's dividend discussions are proceeding apace. "It is being discussed more now, and in greater detail."![]() |
| Tim Cook, Apple's CEO |
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