Re:Apple surpasses Saudi Aramco to become the most valuable ...
by anbotero on Friday July 31, 2020 @06:55PM
(#24015226)
I think in this particular case, it’s cash, or at least the promise from a bank or fund or whatever the hell it is, that they can count on that money in cash whenever they one.
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Re:Apple surpasses Saudi Aramco to become the most valuable ...
by zepto on Friday July 31, 2020 @07:15PM
(#24015432)
No - it’s the worlds largest hedge fund:
Re:Apple surpasses Saudi Aramco to become the most valuable ...
by Consultant32452 on Friday July 31, 2020 @07:15PM
(#24015423)
When they say "cash" they almost certainly mean CCE (Cash and Cash Equivalents), which is being put to productive use by third parties in exchange for nominal interest income.
https://www.investopedia.com/terms/c/cashandcashequivalents....