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Re:TWTR by tedunangst on Thursday November 07, 2013 @12:59PM (#6691022)
Note that GOOG hasn't actually paid out any of its cash flow to investors.
Re:TWTR by nonchalance on Thursday November 07, 2013 @01:08PM (#6691102)
Until recently, neither has AAPL. Doesn't mean the cash disappeared.

GOOG has 56.52B in cash and short-term investments (as of end of september). It's on GOOG's books but could easily be paid out (either directly or in the form of a share buyback)

Re:TWTR by nkohari on Thursday November 07, 2013 @01:44PM (#6691425)
The market prices stock accordingly, though. Google reinvesting cash into the business is why their stock is now over $1,000 a share.