Cash Articles on TUAW - The Unofficial Apple Weblog

Investors eyeing Tim Cook's management of Apple's cash horde

by Chris Rawson (Jan 26th, 2012)

Every three months Apple announces its quarterly earnings, and we see the company's huge pile of cash grow to increasingly awe-inspiring heights. Like clockwork, a day or two after the earnings announcement comes calls for Apple to give some of that money back to its shareholders in the form of ...

What's Apple going to do with $97 billion in cash?

by Kelly Hodgkins (Jan 24th, 2012)

During its earnings conference call, Apple confirmed the company is sitting on a treasure chest of US$97.6 billion. This stack of cash is steadily growing, up from $81.6 billion at the end of the September quarter. With all that money in the bank, you can't help but wonder... what's Apple going to ...

GameStop iOS trade-ins a big success

by Mike Schramm (Dec 29th, 2011)

GameStop recently started taking trade-ins on iOS hardware, and it turns out the decision was a great one for the company: President Tony Bartel said in a statement that the program "has exceeded our expectations," especially citing lots of post-holiday traffic, as people bring in their old ...

Apple could survive on current cash alone until 2018

by Steven Sande (Apr 27th, 2011)

During the 2Q 2011 Apple Results Call last Wednesday, we listened with rapt attention as the number for "Cash and Cash Equivalents" figure was announced. The number, as you may recall, was US$65.8 billion. One question that many of us always ask is "What could Apple do with that ...

Apple lays out $11 billion in purchase commitments

by Michael Grothaus (Apr 26th, 2011)

Many out there think Apple should go on an acquisition spree with its $65.8 billion in cash. Others think that Apple should issue a dividend to its shareholders. I tend to agree with the first line of thought (especially when it comes to buying patent portfolios), but at this moment in time, it's ...

TUAW's Daily App: Cashish

by Mike Schramm (Jan 28th, 2011)

Whenever we TUAW bloggers all get together, we tend to pass around our favorite iPhone apps of late, and this week at Macworld has been no exception. Last year at WWDC, Victor Agreda recommended Taxi Magic, and this year at Macworld, our own Mike Rose told me about Cashish, a financial app with ...

Toys R Us offering iPod trade-in

by Mike Schramm (Oct 16th, 2010)

We here at TUAW aren't quite sure how great a deal this is, but just in case you want to take advantage, Toys R Us is apparently offering trade-ins on old iPods. From October 17 to the 23rd, the toy chain will take old iPods (no model is specified, but I'd assume older won't get you as much money) ...

Foxconn parent company raising prices for Apple, others

by Mike Schramm (Oct 15th, 2010)

This is the downside of being Apple -- just as they get prices and costs to where they want them, those same prices and costs tend to go up again. Foxconn's parent company Hon Hai has reported that it will raise its manufacturing prices in China, directly affecting Apple's and other companies' costs ...

Apple relents, allows cash for iPads

by Erica Sadun (May 19th, 2010)

Good news, everyone! In response to the public outcry over Apple's no-cash-for-iPad policy, Apple has relented. You will now be able to purchase iPads in-store using cash and gift cards. Yes, you'll also have to set up a traceable Apple account at the same time, but the lack of credit or debit card ...

Apple no-cash policy for iPad takes some by surprise

by Michael Rose (May 18th, 2010)

Update: Apple has now reversed the no-cash policy. As loyal readers know, Apple stores are not particularly cash-friendly; in the case of the iPhone and the iPad, they're downright cash-hostile. Both devices require a credit or debit card for purchase, although you can waltz down the block and ...

Was the Siri purchase about search?

by Mike Schramm (May 1st, 2010)

Here's an interesting take from Searchblog's John Battelle about the Siri purchase by Apple yesterday: he believes that it's the first step towards the eventual Apple goal of conquering search for the app world. Google is, of course, the king of search on the Internet, but as the iPad 3G releases ...

Paypal app goes 2.0, adds Bump integration

by Michael Rose (Mar 16th, 2010)

Never before in human history have there been so many ways to part with your hard-earned cash. The spotlight might be on credit card acceptance tools from Square & Verisign, or the beta Venmo service's SMS-based trust network -- still, don't forget about the cagey veteran. Paypal is 12 years old ...

Adafruit shows off the Square dongle for credit card payments on the iPhone

by Mike Schramm (Feb 25th, 2010)

Adafruit is one of a few companies that has been chosen to test the Square dongle that automagically takes credit card payments on any iPhone. Even though we got to see it in action at Macworld, I think every look we can get at this thing is worth it, considering just how darn revolutionary it ...

Microsoft still beats Apple in cash and investments, for now

by Mike Schramm (Feb 8th, 2010)

Back during the earnings call a few weeks ago, it was mentioned that Apple has a jaw-dropping almost $40 billion just sitting around in cash. In the chat, we started talking about other companies that might have that much money in the hopper -- Google came up, but I don't think we were able to ...

Slate throws Apple a $100B idea, suggests iBank

by Robert Palmer (Jan 23rd, 2009)

In an interesting -- not to say wildly speculative -- essay, Slate Magazine's Karim Bardeesy says that Apple should take some of its $28 billion and start a bank. During Wednesday's conference call, Apple CFO Peter Oppenheimer made it clear that the company was looking to keep its cash right where ...