Thursday, December 1, 2011

The virtues of cash on the balance sheet and Apple's $82 billion

Cash is good. The more the better. Apple has it. Lots of it. $82 billion on its balance sheet (with no debt,  by the way). That is an amount that is $25 billion more than the entire GDP of Guatamala.

http://www.nationalreview.com/corner/284446/nobody-ever-went-broke-money-bank-jim-manzi

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