Wall Street Journal

Apple’s Cash Hoard Set to Top $250 Billion

Tripp Mickle, reporting for Wall Street Journal;

Apple Inc. is expected to report Tuesday that its stockpile of cash has topped a quarter of a trillion dollars, an unrivaled hoard that is greater than the market value of either Wal-Mart Stores Inc. or Procter & Gamble Co. and exceeds the foreign-currency reserves held by the U.K. and Canada combined.

This is just ridiculous.

To think that this is all because of the success of iPhone!

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