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Apple pays off its debt!

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Laukev7:
http://www.99mac.se/

 
quote: Team,
 
 Today is a historic day of sorts for our company.  When I arrived back at Apple in mid-1997, the company was burdened with $1 billion of debt.   Through everyone's hard work we turned Apple around, paid off the majority of our debt and began to amass a war chest of cash in the bank which has grown to about $4.8 billion!  But there was still $300 million of remaining debt, which we decided to hold to maturity.
 
 Today we used $300 million of our cash to pay off this remaining debt.  
 
 Apple is now a debt-free company

hm_murdock:
I feel good that I responded to this.

Laukev7:
More excellent news: Apple's profit soar by 550%!

http://www.macworld.co.uk/news/main_news.cfm?NewsID=7970

The Anti-Microsoft:
Apple is dead!
</sarcasm>

[ February 25, 2004: Message edited by: Anonymous Coward ]

Pissed_Macman:

quote:Originally posted by Anonymous Coward:
Apple is dead!        ;)  
--- End quote ---


You suck.

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