Author: dsellers

Apple is expected to have an end-of-the-year net cash pile of around US$48 billion, according to Macquarie analysts. Macquarie (http://www.macquarie.com/us/index.htm) is a global provider of banking, financial, advisory, investment and funds management services.

What’s more, Macquarie analysts expect the company to have around $75 billion in net cash by the end of 2012. Sounds good, right? However, “The Wall Street Journal says it’s an “enviable, but difficult, position.”

Boingo Wireless (http://www.boingo.com), a WiFi provider, says the iPad is now the second most popular non-laptop device connecting to its WiFi networks, displacing Android devices and more than doubling the daily number of visits for the previous second place device.

“It’s stunning how quickly the iPad has established itself as a force in Wi-Fi,” says Dave Hagan, president and CEO of Boingo Wireless. “After four days in market, it is already being more widely used than other Wi-Fi enabled mobile devices that have moved millions of units.”