Apple has 51 and a half billion dollars just in cash and short term investments on its balance sheet. This is, um, this is apple going full drayman green, to use the nba analogy here. And so if they want to fund by now, pay later, to put more eyphones, more macbook airs, more equipment into the hands of more people, they can do it easily. I b m famously carried a lot of debt on its balance she but most of that debt was for equipment that was basically lent out to companies on installment enterprise plans. It just so happens that apple is an extremely rich company, and you're getting to see them flex the the power of
Target rips off the band-aid, while Apple shows off some new features. (0:25) Tim Beyers discusses: - CEO Brian Cornell taking a head-on approach to dealing with Target's inventory problems - Prepping for getting the all-important back-to-school and holiday shopping seasons right - Apple's newest features (including chips) unveiled at WWDC - Ripple effects from Apple Pay getting into the "buy now, pay later" space - Prospects for an Apple VR headset in 2023 (15:08) Alison Southwick and Robert Brokamp discuss how you can "recession-prep" your investments and your mindset. Stocks discussed: AAPL, AFRM, TGT, TSLA, BRK.A, BRK.B Host: Chris Hill Guests: Tim Beyers, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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