The following video is part of our "Motley Fool Conversations" series, in which technology editor/analyst Andrew Tonner and technology analyst Evan Niu discuss topics across the investing world. Apple's massive cash hoard gives the Mac maker numerous advantages over its computing rivals. Its selective use of locking down critical component supplies and making specialized acquisitions that build upon its integrated strategy continue to be the best uses of its coffers.

Evan Niu owns shares of Apple and Walt Disney.  Andrew Tonner owns no shares of any companies listed above. The Motley Fool owns shares of Apple. Motley Fool newsletter services recommend Apple, Walt Disney and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.