Joining the rest of America, Apple goes billions of dollars into debt
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. Why? While the company owns a lot of cash, a significant chunk of it is kept overseas, making it …
Janice Hagberg flipped this story into News•3984d