Ask a Fool: What's Up With Apple's Cash Pile?

By David Meier – May 9, 2013 at 8:30PM

NASDAQ: AAPL

Apple

Market Cap

$2,623B

Today's Change

(0.52%) $0.87

Current Price

$169.89

Price as of April 25, 2024, 4:00 p.m. ET

Apple is up to its ears in cash right now. What's it going to do with all that money?

In the following video, Motley Fool Million Dollar Portfolio advisor Dave Meier takes a question about Apple (AAPL 0.52%) from a Fool reader, who asks: "Will they ever do something with that cash pile? They could dominate a whole sector with that cash."

David Meier owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. 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.