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