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Join Date: Jul 2004
 
2004-07-19, 09:33

I guess this will end up being a standard reply to the "Apple is doomed, doomed I tell ya!" articles.


Apple doesn't have any debt. They have roughly $6 billion (with a "B") in cash lying around with more on the way ($700 million plus this year, likely). Assuming they spent their cash and borrowed some money, Apple would have AT LEAST $12 billion to throw at any "fatal" problem. So whenever you hear Apple's going to die, ask "Will $12 billion solve this problem?".
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