14.03.2012 21:50 Uhr, Quelle: MacNN

Apple leads US corporations in growing concentration of cash

Apple leads US corporations in terms of cash reserves, notes Moodyís Investors Serviceís Richard Lane. In all US corporations are said to hold about $1.2 trillion. Apple controls $97.6 billion; other tech companies in the top five include Microsoft with $51.7 billion, Cisco with $46.7 billion, and Google with $44.6 billion. Drugmaker Pfizer is fifth.

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