NEW YORK (TheStreet) -- Autumn is my wife's favorite time of the year as she looks forward to watching the remarkable array of colors produced from trees turning color. If you haven't driven through the countryside gazing at the rainbow of colors, you have missed out on one of life's blessings.For Apple ( AAPL) investors, one color is likely to stand above all others this fall -- green; green from all the cash it's producing. All signs point to acceleration of green cash production as well. For years, Apple fans have known the level of quality that products bearing the iconic Apple logo brings. Now everyone knows how valuable the logo is. On Tuesday, widely followed branding consultant Interbrand said Apple has surpassed Coca-Cola's ( KO) as the best global brand. Increasing to the number one position is just the latest recognition of how effectively CEO Tim Cook is leading Apple. Under Cook, Apple has already delivered record revenue and profits. With Apple stock trading near a P/E ratio of 11, revenue and profits clearly haven't been enough to satisfy investors.
Apple has so much cash available, it could do a lot of things. For instance, it could buy Yahoo! ( YHOO) just to compete against Google ( GOOG) in search, and instantly become a worse-case for Google. With an offer of $50 billion and memories of a failed buyout from Microsoft ( MSFT) not too long ago, Yahoo! investors might not be nearly as quick to turn away. Yahoo! owns a significant stake in Alibaba, giving Yahoo! a major presence in China. China is increasingly turning into the most valuable market. At the same time, Google is now in the hardware business creating a collision course for both companies. Buying Yahoo! allows Apple further growth opportunity while bringing the fight to Google. Follow @RobertWeinstein This article was written by an independent contributor, separate from TheStreet's regular news coverage.