So, this is what everyone has been waiting for. Apple is going to tell everyone what they’re going to do with their $100 billion dollars in cash tomorrow morning. Some say they’ll announce a one time special dividend, some say they’ll announce a dividend of 2.5%, while others say they could buy back shares. Tomorrow we’ll all know:
Apple Conference Call
WHAT: Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome of the Company’s discussions concerning its cash balance. Apple® will not be providing an update on the current quarter nor will 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