Sunday, April 06, 2014

Apple's Deep Pockets: What $159 Billion Could Do - NYTimes.com

The article continues with speculation about what Apple could to with its cash

"Big technology companies have a problem anyone would love to have: They are sitting on vast amounts of cash.

According to a report by Moody’s Investors Service, American companies outside the financial industry were sitting on a combined $1.64 trillion of cash by the end of 2013. And tech giants like Apple, Google and Microsoft had the most.

Apple topped the list, with nearly $159 billion. A decade ago, before the iPhone came along, the company was holding about $5.5 billion."
Apple's Deep Pockets: What $159 Billion Could Do - NYTimes.com

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