Sunday, February 3, 2013

What Will Apple Do With Its $137 Billion




Apples staggering stockpile of cash makes it a standalone financial powerhouse, quite apart from it being a tech company.

If the stock market were a social endeavor, Apple would be the nouveau riche, or new money. While the company has $137 billion in the bank, this sum has been built up in a staggeringly fast time. In the past year alone, Apple has generated more than $47 billion in free cash flow. What should Apple do with it?

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