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Apple To Announce Its Plans For Its Cash Reserve

Apple is planning "discussions concerning its cash balance" with keynotes delivered by CEO Tim Cook and CFO Peter Oppenheimer. This conference call is expected to respond to growing interests, related to the company cash - which now exceeds $100 billion.

As Tim Cook pointed out, Apple does not need this massive cash amount to keep the business afloat. As expected, the company's CEO will layout the investment strategy.

Analysts have their own predictions on this matter, and most of them rely on the recent press releases and leaked information, from company officials.

Consequently, Apple's cash will be used for the new office facilities in Cupertino; a complex that has already impressed the media, with its futuristic plans.

Apple's officials are also expected to detail investments, in the recently opened data centre in North Carolina. Other investments will most likely be related to the expansion of the retail chain, and the cash pile that will be used for development of new products.

Analysts also expect Apple to up its pre-payments to suppliers, to make sure that the production is keeping up with the demand.

Radu has been working as a freelance writer for more than five years and has been blogging around since 2004. He is interested in anything Apple as well as gaming and mobile applications.