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What Should Apple Do with its $137 Billion Stockpile of Cash?

Apple Inc.'s (Nasdaq: AAPL) been in the news a lot of late as its stock plunged. Meanwhile, the company sits on a cash pile of $137 billion.

When Apple stock was soaring, investors were happy. But since its stock value plunged some 35% since September, many investors have suggested Apple should share some of itsaccumulated wealth. Fund manager and investor David Einhorn went so far as to sue the company to try to force it to share more of its cash with shareholders.

Money Morning Chief Investment Strategist Keith Fitz-Gerald was asked on FOX Business what Apple (Nasdaq: AAPL) should do with its stockpile of money: Should the company pay dividends to shareholders, pursue major acquisitions or just keep its large cash position for future investments or other costs?

Check out what Fitz-Gerald and other panelists said on the FOX Business report in this accompanying video.

Join the conversation. Click here to jump to comments…

  1. David R. (Canada) | February 17, 2013

    I hear Apple is having trouble getting parts made in China due to a shortage of silver.
    Apple could buy a stockpile of silver and any other raw materials they might need just as the automotive manufacturers stockpile materials such as platinum or paladium.

  2. g e lee | February 23, 2013

    Buy a silver mine to ensure supply. Cheap. Hecla. HL

  3. Dr. Aubie Baltin | February 27, 2013

    Dear Mr. Cook

    Paying out a large Dividend or buying back your own shares will only give your stock a short term bounce but ultimately weaken the company. However keeping all that money is cash or treasuries is the dumbest thing anyone can do. However, with the recent pullback in both GOLD and Silver now would be an almost perfect time to stock up on Gold and Especially Silver: Which you desperately need, considering the coming shortage in Silver. Not only will you preserve the purchasing power of your money but you will make at least double its value and preserve the purchasing power of all that cash.
    Dr. Aubie Baltin
    Uncommon Common Sense Inc.

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