Apple’s cash reserves now exceed a quarter of a trillion dollars – WSJ<div class="feat-image">
</div><p>Apple’s cash reserves now exceed more than $250B, reports the <a href="
https://www.wsj.com/articles/apples-250-billion-cash-pile-enlivens-hopes-fuels-expectations-1493566748?mod=rss_Technology" target="_blank" rel="noopener noreferrer">
WSJ[/url]. The company will report the actual number in <a href="
https://9to5mac.com/2017/04/03/apple-to-report-q2-2017-earnings-on-may-2/" target="_blank" rel="noopener noreferrer">tomorrow’s earnings report[/url].</p>
<p>Apple Inc. is expected to report Tuesday that its stockpile of cash has topped a quarter of a trillion dollars, an unrivaled corporate hoard that is greater than the market value of both Wal-Mart Stores Inc. and Procter & Gamble Co. and exceeds the combined foreign-currency reserves held by the U.K. and Canada combined.</p>
<p>While there’s as yet no official confirmation of the number, it seems a pretty safe bet …</p>
<p> <a href="
https://9to5mac.com/2017/05/01/aapl-cash-reserves-amount-value/#more-479612" class="more-link">more…[/url]</p><img alt="" border="0" src="
https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=479612&subd=9to5mac&ref=&feed=1" width="1" height="1" /><img alt="" border="0" src="
https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=479612&subd=9to5mac&ref=&feed=1" width="1" height="1" /><div class="feedflare">
<img src="[url]http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?i=NGANHw0Q0N0:XSKqbeNd0Kk:D7DqB2pKExk" border="0"></img>[/url]
</div><img src="
http://feeds.feedburner.com/~r/9To5Mac-MacAllDay/~4/NGANHw0Q0N0" height="1" width="1" alt=""/>
Source:
Apple’s cash reserves now exceed a quarter of a trillion dollars – WSJ
