Apple to decide on its $98 billion cash pile

SAN FRANCISCO (Reuters) - Apple Inc, the world's most valuable company, will discuss on Monday what it plans to do with its $98 billion cash hoard, raising expectations it may meet demands to pay a dividend for the first time since 1995. Just days after its stock touched $600 per share, Apple issued a short press advisory saying it would hold a conference call on Monday to discuss the outcome of discussions about its cash balances. The maker of the iPhone, iPad and iPod has $98 billion in cash and securities, equal to about $104 a share according to ISI Group analyst Brian Marshall. ...

Source: http://news.yahoo.com/apple-host-call-monday-morning-cash-holdings-002450368.html

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