Apple's cash reserves will amount to $243 billion 700 million or larger investments will be made.


Apple's cash reserves will amount to $243 billion 700 million or larger investments will be made.

Sina Technology News Beijing time in August 1st morning news, apple on Tuesday released the third quarter financial report showed that the company is now holding up to 243 billion 700 million US dollars in cash.

This figure was less than $267 billion 200 million at the end of 3, but Apple announced a $100 billion share buyback project, which would increase the dividend of 16%.

Apple has been raising cash, and speculation has even appealed to the company to invest more. The hardware giant has recently increased spending, mainly focusing on original content, emerging markets and job creation in the United States.

Apple said in January that it would contribute $350 billion to the U.S. economy over the next five years through funds released through recent tax cuts. The company has also provided substantial funding for its content studio, working with leading producers and stars such as Oprah Winfrey. (I. M. I. M. I. M. I.)


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