Apple’s Cash Reserves Are 30x What They Were 10 Years Ago

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Apple’s Cash Reserves Are 30x What They Were 10 Years Ago

Apple is leading the way when it comes to U.S. companies stockpiling cash, according to a note from Moody’s Investors Service. Holding $158.8 billion, Apple’s cash pile is close to 30x what it was in 2004, when Apple has cash<span class="ellipsis">…</span><div class="read-more">Read more ›</div><!-- end of .read-more --><img width='1' height='1' src='http://cultofmac.com.feedsportal.com/c/33797/f/606249/s/38da8d9a/sc/2/mf.gif' border='0'/><br clear='all'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://share.feedsportal.com/share/twitter/?u=http%3A%2F%2Fwww.cultofmac.com%2F272570%2Fapples-cash-reserves-30x-10-years-ago%2F&t=Apple%E2%80%99s+Cash+Reserves+Are+30x+What+They+Were+10+Years+Ago" target="_blank"><img src="http://res3.feedsportal.com/social/twitter.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/facebook/?u=http%3A%2F%2Fwww.cultofmac.com%2F272570%2Fapples-cash-reserves-30x-10-years-ago%2F&t=Apple%E2%80%99s+Cash+Reserves+Are+30x+What+They+Were+10+Years+Ago" target="_blank"><img src="http://res3.feedsportal.com/social/facebook.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/linkedin/?u=http%3A%2F%2Fwww.cultofmac.com%2F272570%2Fapples-cash-reserves-30x-10-years-ago%2F&t=Apple%E2%80%99s+Cash+Reserves+Are+30x+What+They+Were+10+Years+Ago" target="_blank"><img src="http://res3.feedsportal.com/social/linkedin.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/gplus/?u=http%3A%2F%2Fwww.cultofmac.com%2F272570%2Fapples-cash-reserves-30x-10-years-ago%2F&t=Apple%E2%80%99s+Cash+Reserves+Are+30x+What+They+Were+10+Years+Ago" target="_blank"><img src="http://res3.feedsportal.com/social/googleplus.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/email/?u=http%3A%2F%2Fwww.cultofmac.com%2F272570%2Fapples-cash-reserves-30x-10-years-ago%2F&t=Apple%E2%80%99s+Cash+Reserves+Are+30x+What+They+Were+10+Years+Ago" target="_blank"><img src="http://res3.feedsportal.com/social/email.png" border="0" />[/url]</td><td valign='middle'></td></tr></table></div>

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Source: Apple’s Cash Reserves Are 30x What They Were 10 Years Ago