Apple soon will share what it plans to do with some of the cash on its books, according to a New York-based investment firm.
In an interview earlier today, Gamco Investors CIO Howard Ward told Bloomberg he expects Apple to make a cash-related announcement by the end of the month. If true, it would be the second such plan detailed by the company in two years.
Apple did not immediately respond to a request for comment on Ward's claims.
Apple's cash pile has grown in step with the breakout success of the iPhone and iPad, its top two … Read more