The 20% figure was if they put their cash to work in the form of acquisitions or launching new product lines, etc. not from other forms of investment such as stocks or bonds.
Of course you did..sorry, it's Monday and it's been a long one. I think they'll jump into some new product launches soon, but I just don't know that it will cost them a lot of money to do so.
That said, they have 14% of their market cap in cash as compared to CCME's 30%.
This is true, but slap a similar P/E on CCME as AAPL and the cash is suddenly a similar portion of market cap..
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