Tag: CashReserves

Apple's $76.2 billion cash hoard: Six frivolous ways to spend it

One thing that staggers the mind is the amount of money Apple has on hand. During last Tuesday's 3Q earnings call, it was announced that the company has US$76.2 billion cash on hand -- actually a combination of cash, short-term investments, and other items that would take an accountant to sort ...

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