Apple, King Of Cash, Also King Of Debt From Buybacks

By | May 7, 2015

Scalper1 News

Apple’s cash hoard jumped 12% in 2014 to $178 billion, says Moody’s Investors Service, but Apple has also piled up debt to support its share buyback and dividend programs. Apple’s cash on hand again ranks tops among U.S. companies, Moody’s said in a research report. But Apple now also holds more debt than tech heavyweights IBM (IBM), Oracle (ORCL), Microsoft (MSFT), Cisco Systems (CSCO) or Intel (INTC), according to company reports. Apple on Scalper1 News

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