Apple, Microsoft, Google and Cisco were the four...
Apple, Microsoft, Google and Cisco were the four most cash-rich U.S. companies at the end of the most recent quarter, Moody’s said Monday in a report. Those four companies, along with Pfizer, held a total of $379 billion in cash…
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as of June 30 -- 26 percent of the total U.S. non-financial corporate cash balance, Moody’s said. Apple alone held $147 billion in cash, while Microsoft held $77 billion, Google $54 billion and Cisco $50 billion. The entire technology sector held $515 billion in cash -- 56 percent of total U.S. non-financial corporate cash, Moody’s said.