Apple CEO and CFO to discuss Apple's cash balance tomorrow

Summary:My take is that Apple will announce a dividend for AAPL shareholders on tomorrow's call.

Apple CTO and CFO to discuss Apple's cash balance tomorrow - Jason O'Grady
Breaking: Apple CEO Tim Cook and CFO Peter Oppenheimer will hold a conference call tomorrow to discuss "the Company’s discussions concerning its cash balance."

The press release announcing the conference clearly states that Apple will not be providing an update on the current quarter nor discussing any topics be discussed other than cash.

  • WHERE: Via 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

Some Wall Street analysts have referred to Apple's $100B+ in liquid assets as a liability and have said that it's time for Apple to return some of the money to shareholders.

My take is that Apple will announce a dividend for shareholders on tomorrow's call.

Image: Nick Bilton/ New York Times

Topics: Apple

About

Jason D. O'Grady developed an affinity for Apple computers after using the original Lisa, and this affinity turned into a bona-fide obsession when he got the original 128 KB Macintosh in 1984. He started writing one of the first Web sites about Apple (O'Grady's PowerPage) in 1995 and is considered to be one of the fathers of blogging.... Full Bio

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