Potential Growth Opportunities for Apple Inc.
Apple (NASDAQ:AAPL) is a ridiculously successful company. Last year it had made about $230 billion in revenue and minted $50 billion in net income. They also hold a net cash balance of $163 billion currently and have announced that they plan on whittling that number down to zero over time. Even though they most likely will give that money right back to investors, Apple will still have money left over. What do some of you think Apple will do with all those funds? What would be some areas in which you could see them expanding? Or do you see them making multiple acquisitions?
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