Apple 2.0

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Video: Krauthammer suggests that Apple buy Cyprus

March 27, 2013: 7:03 AM ET

Apple's cash is also burning a hole in the conservative commentator's pocket.

Click to watch video.

Click to watch video.

FORTUNE -- Is there anybody who doesn't think they know better than Apple (AAPL) what to do with the company's $137 billion in cash and marketable securities?

Investment bankers want bigger dividends. David Einhorn wants his iPrefs. The Economic Policy Institute favors the workers. Now here's Charles Krauthammer -- considered at the time of the Iraq invasion to be America's most influential commentator -- suggesting on Fox News that Apple buy a financially strapped island republic in the Mediterranean, rename it iCyprus, and use it as an offshore campus.

Thanks to MacDailyNews for spotting the clip.

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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