Tuesday, January 31, 2017

Here's Why US Economy Has Stalled

Apple's enormous cash hoard grew to $246.09 billion in the fiscal fourth quarter, up $8.49 billion from the previous quarter.

That figure is larger than Sri Lanka's estimated 2016 gross domestic product, but smaller than Denmark's, according to the CIA World Factbook. If Apple's cash pile was its own public company, it would be the 13th largest in the world.

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Hoarders aren't innovators, nor are they investors in anything other than their egos.

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