19 March 2013

Apple's cash reserves could exceed $ 170 billion this year

Moody's Investors Service expects that this year Apple cash reserves exceed 170 billion U.S. dollars, Apple should not amend its rules on dividend and buy back shares.

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MarketWatch cited the Moody's opinion, expected in the investors so that Apple's cash reserves this year to $ 35 billion increase to more than $ 170 billion. At the end of 2012, Apple looked at 137.1 billion U.S. dollars cash assets. At Microsoft, there were $ 68.3 billion, Google looked at $ 48.1 billion, Pfizer is sitting on $ 46.9 billion and Cisco Systems were (on 01/31/2013) Proud $ 46.4 billion.

A year ago, Apple announced that the company per quarter will pay $ 2.5 billion in dividends to its shareholders , Apple also announced a share buyback program announced. Within three years, Apple will spend that $ 45 billion.

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