Have Cash? Must Spend!

 

Poornima Gupta for Reuters:

[T]o paraphrase rapper P. Diddy, with more money comes more problems. Apple's runaway success presents Cook with his first real public test as chief executive officer - figuring out what to do with the money.

There's two things wrong with this. Firstly Peter Oppenheimer said during Apple Q1 earnings call:

We are actively discussing uses of our cash balance and don't have anything specific to announce today. In the meantime, we continue to be very disciplined with the cash and are not letting it burn a hole in our pockets.

So… that doesn't sound like a problem to me. And secondly (and perhaps more importantly) P.Diddy (at the time Puff Daddy) was not the rapper who said 'more money more problems (in fact, NO rapper said that – it was Mo' Money Mo' Problems), it was the Notorious B.I.G.