Big tech companies often have the same problem that everyone wants – too much cash.
Apple leads the list, with nearly $159 billion.
The amount of cash Apple currently has is $159 billion.
Economist John Maynard Keynes argued that a company has three reasons for hoarding cash.
Apple certainly doesn’t plan to use this money for buybacks.
Meanwhile, Google has spent billions of dollars on video sharing websites, robots, driverless car technology and artificial intelligence software.
In a February interview with the Wall Street Journal, Apple CEO Tim Cook said the company is also targeting several large companies, but has no need to buy them yet.
However, this makes investors impatient, typically billionaire Carl Icahn.
Rick Lane, an analyst at Moody’s, said Apple may be hoarding money in case of a bad situation.
Compared to Google, Apple seems more focused on the present than the future.
Or they can deduct 20% of the above amount and buy the electric car company Tesla.
Or more practically, Apple can strengthen its connection with telecommunications companies.
T-Mobile is advertised as having the fastest Internet service on the planet, currently valued at about $26 billion.
Microsoft probably understands Apple’s current feelings very well.
However, investors objected violently and demanded dividends.
