27.02.2010 18:50 Uhr, Quelle: MacNN

Steve Jobs defends Apple's cash reserves, stock management

Steve Jobs, speaking at the Apple's annual shareholder meeting, defended the company's $40 billion cash reserve and management of AAPL stock. The CEO pointed out that Apple is run conservatively regarding its finances, and "very fortunate" that acquisitions can be funded by writing a check and not worrying about borrowing money.

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