Acquisition Quote by Steve Jobs
“We've demonstrated a strong track record of being very disciplined with the use of our cash. We don't let it burn a hole in our pocket, we don't allow it to motivate us to do stupid acquisitions. And so I think that we'd like to continue to keep our powder dry, because we do feel that there are one or more strategic opportunities in the future.”
About This Quote
Source Speech: Apple Investor Day, 2005
Disciplined cash management avoids wasteful spending and preserves capital for strategic moves.
In simple terms: Spend wisely, keep cash ready.
Maintain financial discipline.
Themes
Mood
Type
When to use this quote
- startup budgeting
- investment decisions
- cash flow planning
- M&A strategy
Key Concepts
Questions to Reflect On
- How do you balance caution with innovation?
- When should you risk cash for opportunity?
Strict frugality may limit growth opportunities.