Apple has a problem. They’re too good at making money.
Their most recent quarterly statement revealed that they are sitting on $38 billion in cash and cash equivalents.
Their most recent quarterly statement revealed that they are sitting on $38 billion in cash and cash equivalents.
If we expand our definition of cash to include current and non-current marketable securities, think bonds, then they have $195 billion in cash. You know $195 billion is a lot of money. It doesn’t need context. So I won’t tell you how man…
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