March 24, 2012
Apple's Cash Raises Troubling Questions
Richard Waters, Financial Times
Can a company still be lovable when it has $100bn in the bank? For Apple, this is starting to become a serious question. The maker of iPhones and iPads arouses some of the warmest feelings among consumers of any brand in the world, thanks to a string of breakthrough gadgets and classy marketing. Something changes, though, when the underdog comes out on top – and there’s nothing like unrivalled corporate wealth to drive the point home.