Apple CEO Steve Jobs told shareholders that the reason for its giant cash pile, totaling at least $25 billion, was to enable it to take advantage of whats around the next corner. Potential purchases, suggest analysts, could be original news content or a big launch into cloud computing.
– Apple has not only bested analyst expectations in recent quarters most
recently setting new records for iPhone and Mac sales but has additionally
been growing quite a cash pile, ranging from $25 billion in some reports to as
much as $40 billion in others.

At the company’s annual investors me…