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Author Topic: Nearly one third of Apple's market value is backed by pure cash  (Read 408 times)
HCK
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« 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
         
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