Apple Inc. Competes With PIMCO For Direct Bond DealsMark Melin
There has been some mildly humorous speculation among those in the financial services industry that Apple should take it’s nearly $200 billion in cash reserves and move into the financial services sector. With such a balance sheet they could really have an impact.
That appears to be happening, to a degree, as Apple and other tech giants such as Oracle and Google, flush with cash, are moving into the wholesale . . .
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