Should Apple buy SanDisk? -

Should Apple buy SanDisk?

Apple (AAPL) had quite a newsworthy week last week, reporting Q4 earnings and then holding a press conference in which they unveiled their newest laptop, an upgrade of the super-thin MacBook Air that uses flash memory in lieu of a traditional hard disk drive.

On the company's conference call, a common question came up: what is the company planning to do with its more than $51 billion in cash and investments? Here's what CEO Steve Jobs said on the matter:

We strongly believe that one or more very strategic opportunities may come along that we're in a unique position to take advantage of because of our strong cash position.

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