"With a $145 billion cash hoard, Apple could acquire Facebook, Hewlett-Packard and Yahoo. Put another way, it could buy every office building and retail space in New York, according to city estimates.To Satisfy Its Investors, Cash-Rich Apple Borrows Money - NYTimes.com
But despite its extraordinarily flush balance sheet, the technology behemoth borrowed money on Tuesday for the first time in nearly two decades. In a record-size bond deal, the company raised $17 billion, paying interest rates that hovered near the low-cost debt of the United States Treasury."
Wednesday, May 01, 2013
To Satisfy Its Investors, Cash-Rich Apple Borrows Money - NYTimes.com
Bank different
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