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Title: Nearly one third of Apple's market value is backed by pure cash Post by: HCK on January 24, 2013, 11:01:06 am Nearly one third of Apple's market value is backed by pure cash
An after-hours sell off of Apple shares resulted in the company's effective market capitalization falling to $436 billion, just over three times the size of its growing cash reserves, now worth $137 billion. http://feeds.appleinsider.com/click.phdo?i=64b5cb2187645df0ddf350a32f7859d7 |