Mfarhanonline Social Media News: Apple will today host a conference call to announce what it will do with its $97 billion cash balance, the company has announced. The call is scheduled for Monday, March 19, 2012 at 6:00 a.m. PDT / 9:00 a.m. EDT. The details in the call announcement were scarce: All Apple was willing to say is that it will announce “the outcome of the Company's discussions concerning its cash balance.” Apple’s hoard of cash has been a subject of discussions for quite some time. Some call for the world’s biggest company to pay out a dividend to its shareholders (Apple has last done this in 1995), and others would like to see Apple eat up other companies. While any company dreams of having such an enormous pile of cash on its hands (coupled with very little or no debt), the truth is that Apple’s cash balance is becoming somewhat of a burden for the company, and large shareholders are getting restless. We’ll follow Apple’s conference call here at Mfarhanonline. In the meantime, let us know what you think: will Apple pay out a dividend, will it announce a major acquisition, or something else entirely? Share your opinions in the comments. More About: apple , cash , trending For more Business coverage: Follow Mfarhanonline Business on Twitter Become a Fan on Facebook Subscribe to the Business channel Download our free apps for Android , Mac , iPhone and iPad Social Media reviews series maintain by Mayya
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