Monday, March 19, 2012

Apple To Hold Conference Call On Monday To Discuss Its Plans For $100 Billion Cash Reserves

Apple To Discuss Its Plans For $100 Billion Cash Deposits Over Conference Call

Apple has issued a press release late yesterday that it will hold a conference call on Monday 9:00 AM to discuss the plans for company's approximately $100 Billion Cash Reserves and announce its final decision on how to spend that huge reserve. The announcement will be led by Apple CEO Tim Cook and Apple CFO Peter Oppenheimer. Apple specifically notes that the call will be focused on Apple’s decision, not on the current quarter or topics besides the company’s cash reserves.

apple conference call live to discuss $100 billion cash deposits
Lets have a look at Apple's growth chart. As of Q1 2012, Apple had cash reserves of $96.4 billion. Apple's growing cash reserves has made a lot of speculation in the market. Hence to discuss and announce its plans, Apple is having this conference where even you can join to listen it live.

apple conference call 2012 live to discuss $100 cash reserves

Conference Call : The dial-in number for press is (877) 616-0063 (toll-free) or (719) 219-0041. Please enter confirmation code 592016.

When : Monday, March 19, 2012 at 6:00 a.m. PDT/9:00 a.m. EDT

WEBCAST : Apple will provide live audio streaming of its conference call using Apple’s QuickTime® multimedia software. The live webcast will begin at 6:00 a.m. PDT on March 19, 2012 and will also be available for replay for approximately two weeks thereafter. The webcast is available on any iPhone®, iPad®, iPod touch® or any Mac® or PC running QuickTime 6 or later.

We'll be covering the entire conference call live on this space.

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