2 ms·
I believe it's a reference to the fact that even large companies, Apple is $800b, don't have all that cash on hand. To convert $15b into cash takes time. Disast
by yardie 9y ago
I believe it's a reference to the fact that even large companies, Apple is $800b, don't have all that cash on hand. To convert $15b into cash takes time. Disaster victims can't exactly pay for hotels or buy foods with bonds or stock certificates.
- HillaryBriss 9y agobtw, Apple has far more than $15 billion in its cash pile. it's over $250 billion by some accounts https://www.cnbc.com/2017/05/02/apples-cash-hoard-swells-to-record-256-8-billion.html https://www.cnbc.com/2017/05/02/apples-cash-hoard-swells-to-...