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Apple's $90 Billion Buyback and Borrowing

Bloomberg Businessweek

00:00

The Future of Apple

The company has $100 billion of annual free cash. Apple can't do whatever they want right now, but it's managing a long-term balance sheet. One of the ways that Apple can get to a AAA is they need to diversify their revenue stream. Services had their best quarter ever; this is still a hardware company.

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