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What is meant by cash in this context? I'm assuming a lot of it is invested in financial vehicles with varying degrees of risk and liquidity? It's not just si
by bcheung 10y ago
What is meant by cash in this context? I'm assuming a lot of it is invested in financial vehicles with varying degrees of risk and liquidity? It's not just sitting in a savings account earning 0.01% interest, is it?
- HappyTypist 10y agoThe cash is sitting in a bank account in NYC under the name "Apple Ireland" or "Apple China", or invested in US stocks, bonds, etc with US brokerages, or lent to "Apple Inc" with corporate bonds.