Apple Plans Cash Position Conference Call ⇥

Bright and early tomorrow (6AM, PDT) Apple will be hosting a conference call to announce what they’re going to do with (some of) their $100 billion in cash. Craig Hockenberry has a good idea:

Apple has slowly been chipping away at the dependencies they have on other companies. Ask yourself this: what’s the biggest one?

Carriers.

It’ll be up to the SEC if they want to buy a carrier (or build their own), but it would be a good move for consumers and for Apple.

Of course, that’s a big announcement which one would think would be saved for an event, not announced over a conference call. However, it isn’t a sexy announcement that can be demoed and shown off. It’s probably just a shareholder dividend, and perhaps more data centres.