Apple to Announce Plan for Its Massive Cash Reserve

Apple has announced that it will hold a conference call tomorrow at 9:00 a.m. EDT to discuss plans for the company's $100 billion in cash reserves. The discussion will be led by CEO Tim Cook and CFO Peter Oppenheimer.

Apple will provide live audio streaming of the conference call starting at 9AM. The event will be strictly a discussion on "cash".

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WHAT: Tim Cook, Apple's CEO, and Peter Oppenheimer, Apple's CFO, will host a conference call to announce the outcome of the Company's discussions concerning its cash balance. Apple will not be providing an update on the current quarter nor will any topics be discussed other than cash.


WHERE: Via conference call. The dial-in number for press is (877) 616-0063 (toll-free) or (719) 219-0041. Please enter confirmation code 592016.

WHEN: Monday, March 19, 2012 at 6:00 a.m. PDT/9:00 a.m. EDT

REBROADCAST: The conference call will be available as a continuous rebroadcast beginning Monday, March 19 at 9:00 a.m. PDT/12:00 p.m. EDT through Monday, April 2 at 9:00 a.m. PDT/12:00 p.m. EDT. The dial-in number for the rebroadcast is (888) 203-1112 (toll-free) or (719) 457-0820. Please enter confirmation code 6274937.

WEBCAST: Apple will provide live audio streaming of its conference call using Apple's industry-leading QuickTime® multimedia software. The live webcast will begin at 6:00 a.m. PDT on March 19, 2012 at www.apple.com/quicktime/qtv/call31912 and will also be available for replay for approximately two weeks thereafter. The webcast is available on any iPhone®, iPad®, iPod touch® or any Mac® or PC running QuickTime 6 or later. If you do not have QuickTime installed on your Windows PC, it is available at www.apple.com/quicktime.


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