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Apple is cashed up
Companies will often refer to a strong balance sheet if their cash simply outweighs their borrowings. However, it is difficult to find a superlative to sum up US consumer electronics giant Apple’s $256.8bn of cash.
This enormous cash pile could pay for:
• 601.4bn Eating apples
• 287.9m Samsung Galaxy S8 smartphones
• One annual interest payment on the US national debt