Cash Pile Leaves Apple Ready to Move: Kirkpatrick

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Oct. 29 (Bloomberg) -- Bloomberg Contributing Editor David Kirkpatrick discusses why companies choose to hold onto their cash and how Apple could use its cash to make purchases. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

And acquisitions get moller returns overall.

The s&p 500 at about 11%. david compactor with us.

Number contributing editor.

-- bloomberg contributing editor.

David kirkpatrick.

One of the playbooks they play by is only the paranoid survive.

That is one reason they poured cash.

Andy grove famously said that.

The fact is they live in such a fast-changing world's they cannot take a chance things will shift on them.

So henry ford did not?

What should apple do with its cash?

I am not saying mark zuckerberg would like that.

15 acquisitions they have done.

They did not used to make a lot of acquisitions.

That is the change they have brought recently.

Incremental.

They are prepared if they need to buy netflix or something like that.

They could do it in an instant.

I do not think that is a bad thing.

I think they really do feel the need the -- to protect the room to grow.

This text has been automatically generated. It may not be 100% accurate.

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