Hannah Francis on how much money Apple has socked away.
If you needed any more proof of the size of Apple’s pudding — and the absurd brand power the tech giant wields upon millions of iFans the world over — chew on this.
At last count, Apple had $US194 billion in cash and securities.
That’s enough to cover the €86 billion Greek bailout deal struck overnight twice over — with a cool $6 billion still left over to spend on gyros and ouzo.
Not mentioned is Apple’s huge pile of debt (the company borrowed money to hand out dividends to shareholders). I don’t know what Apple could do with Greece.