Apple to reveal plans on what they are going to do with their cash hoard
Apple is set to hold a press event where they are going to talk about their cash reserves.
The company has come under intense pressure to issue dividend to stock holders.
Apple has indicated that they currently have more funds than what is needed to run the company. This means that they could finally start issuing dividends to the investors.
The company could also take another route and announce a major acquisition deal. There are tons of companies that they can buy with around 100 billion dollars available to them.