iPhone News - Apple CEO Jobs favors flexibility of cash hoard news - Fri Feb 26, 2010 5:07 am Post subject: Apple CEO Jobs favors flexibility of cash hoard
CUPERTINO, Calif. ? Apple Inc., buoyed by the success of the iPhones, iPods and computers it churns out to breathless buyers, could give some of its $25 billion in cash back to shareholders. But CEO Steve Jobs said Thursday that he thinks Apple is better off keeping that money stockpiled.
At the company's annual meeting, one shareholder asked Jobs