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Apple Has More Cash On Hand Than All These Different Countries -- Business Insider
Companies still haven't forgotten about the credit crunch that occurred during the financial crisis. At the time, even the healthiest companies had a tough time meeting their short-term financial obligations.
As such, companies have spent much of the economic recovery building up their balance sheets with mountains of cash. Check out this table from U.S. Trust showing Apple's corporate cash hoard against the cash balances of various countries.
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My Comment: This is an incredibly revealing chart. For a complete list of countries by foreign-exchange reserves .... go here.
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