4 Things Apple Should Have Done With Its Billions

Apple’s announcement that it will spend $45 billion in the next three years on a dividend and share buyback has already sent the company’s stock soaring in pre-trading, but was it the best possible course of action?

The Cupertino company’s decision was an obvious one — its $97 billion cash hoard was becoming a burden, and a combination of a dividend and a stock buyback program is a simple way to keep shareholders happy.

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