Apple, Tech Rule In Cash, But Stash Is Overseas

By | June 15, 2015

Scalper1 News

Technology companies — led by Apple (AAPL), Microsoft (MSFT) and Google (GOOGL) — rule the corporate cash kingdom, says Standard & Poor’s, with much of that cash overseas. And, like much of corporate America, tech companies are adding debt even as their cash holdings climb. Apple’s cash rose 12% to $178 billion in 2014, says S&P in a research report, with 89% of that overseas. Apple’s debt more than doubled last year to $36 billion. Apple has Scalper1 News

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