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How To Spend Your Money
It seems weekly or more often I read comments from analysts and others suggesting Apple needs to do more with their cash horde.
Sort of like what Microsoft did with theirs.
Business Insider is reporting how Microsoft turned $300 million into $116 million:
Barnes and Noble and Microsoft have dissolved their joint venture, and Barnes and Noble is buying back all shares in the joint venture for $62 million in cash and stock worth about $54 million, according to a new SEC filing.
That leaves Microsoft with a loss of about $238 million on the deal. It also gives Barnes and Noble a cleaner exit if it wants to spin off the Nook business.
And then lots of spin.
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