Apple held $193 billion in cash at the end of the second quarter
Yahoo Finance Live’s Brian Sozzi breaks down the stat of the day.
Video Transcript
BRIAN SOZZI: All right, let's switch gears here. As is often the case, it pays to be Apple. The tech giant ended its most recent quarter with $193 billion in cash. That's after it spent $27 billion to pay out dividends to shareholders and buy back its own stock.