Quote:
Originally Posted by MarchHare
I'm not sure if this is still the case, but back in 2004 Microsoft had cash reserves of $60 billion. As of their Jan/10 shareholder report, Apple had nearly $40 billion in cash and short-term investments.
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Its incredibly common. Its the same as people "wanting to run government as a business" and "having no debt".....most corporations have borrowed funds though. I just assume that people who think that way have never looked at a balance sheet for a company though.