It seems somewhat counterintuitive, but the public company with the largest stockpile of cash in the world—Apple, sitting on $145 billion—is borrowing billions of dollars in the financial markets today.
One recent morning, Evelyne Lois Such was sitting at her kitchen table in Denver when the phone rang. Such, who's 86, didn't recognize the phone number or the deep voice on the other end of the line. asked,
Apple could make history tomorrow with its biggest second-quarter sales yet, though it's also expected to log its first decline in profit in 10 years. That's what analysts anticipate in Tuesday's second-quarter