Remix.run Logo
turtlesdown11 11 hours ago

The cash pile is gone, they have been active in share repurchase.

They still generate about ~$100 billion in free cash per year, that is plowed into the buybacks.

They could spend more cash than every other industry competitor. It's ludicrous to say that they would have to burn 10 years of cash flow on trivial (relative) investment in model development and training. That statement reflects a poor understanding of Apple's cash flow.