Mac OS Ken: 05.16.2016
Mac OS Ken
Ken Ray
4.7 • 995 Ratings
🗓️ 16 May 2016
⏱️ 11 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | This is Mac OS Ken. |
| 0:07.0 | What's Apple doing with D.D. Another billionaire bows out in a couple of technical difficulties. |
| 0:18.0 | It's Monday the 16th of May 2016. I'm Ken Ray and this is news from Mecca S Ken brought to you by yours truly and |
| 0:27.8 | supported by people like you patrons through Patreon find out more in add your support at Patreon.com |
| 0:36.0 | slash Maco-esquean. |
| 0:38.0 | Even with $233 billion on hand, |
| 0:42.0 | Apple can't drop a billion on hand. |
| 0:43.0 | Apple can't drop a billion on something without people wondering what the heck. |
| 0:47.4 | When the company invested that much last week in the Chinese ride sharing service, |
| 0:51.0 | D. D.C. Chusing. Apple CEO Tim Cook said Ride sharing service, DD Chu Jing. |
| 0:52.8 | Apple CEO Tim Cook said, |
| 0:54.9 | we are making the investment for a number of strategic reasons, |
| 0:58.4 | including a chance to learn more |
| 0:59.8 | about certain segments of the China market. Put a different way, we're doing it for a lot of reasons and we're only going to tell you one. |
| 1:07.0 | That leaves all sorts of room for all sorts of people to guess all sorts of things. |
| 1:12.0 | Apple Insider had Piper Jafford. sorts of people to guess all sorts of things. |
| 1:13.6 | Apple Insider had Piper Jaffray analyst Gene Munster weighing in. |
| 1:17.1 | The piece indicates that the DD investment provides Apple with an easy and profitable way to use |
| 1:21.7 | its overseas cash by investing in the future, helping investors |
| 1:25.5 | make a return while protecting the money from heavy taxation, which is interesting. |
| 1:32.0 | Mr Munster also sees Apple's position in D.D. helping with Project Titan, the not-so-secret |
| 1:37.6 | secret name for Apple's not-so-secret secret-secret car initiative. |
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