Jobs: What's Adobe's Market Cap, Again?

With $25 billion in cash and short-term securities stored away on its balance sheet, Apple is in a uniquely comfortable position from which to weather the econaclypse. And perhaps a uniquely opportunistic one, as well. According to CEO Steve Jobs, anyway. To wit: Jobs’s comments Tuesday about Apple’s cash reserves what it might do with them.

Jobs: What’s Adobe’s Market Cap, Again?

With $25 billion in cash and short-term securities stored away on its balance sheet, Apple is in a uniquely comfortable position from which to weather the econaclypse. And perhaps a uniquely opportunistic one, as well. According to CEO Steve Jobs, anyway. To wit: Jobs’s comments Tuesday about Apple’s cash reserves what it might do with them.