More fun Apple stats; also see Apple and Its Cash Hoard (NYT)
Apple Inc. has built up a $76.2 billion cash hoard. Now the question is what the company intends to do with the money pile.
On Tuesday, the Cupertino, Calif., company disclosed cash, including short-term and long-term marketable securities, for the quarter ended June 25 increased 15.8% since March to $76.2 billion. That's more than the gross domestic product of 126 countries, including nations such as Ecuador, Bulgaria, Sri Lanka and Costa Rica, according to data from the World Bank.