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Apple’s $147 billion cash pile accounts for 10% of all U.S. corporate cash

Published Oct 2nd, 2013 5:35PM EDT
Apple Cash Reserves $147 Billion

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So it seems as though Apple has been doing pretty well for itself over the past few years. Per The Wall Street Journal, Moody’s now estimates that Apple’s cash pile of $147 billion accounts for roughly 10% of the $1.48 trillion in cash held by non-financial American companies. What makes this particularly impressive is that Apple’s cash reserves have actually grown by 9.5% since the end of last year even though the company has been spending billions of dollars on its share buyback program. Also of note: Apple’s cash pile is nearly twice the size of Microsoft’s, which has the second highest cash pile among non-financial U.S. companies with $77 billion.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.