Apple’s cash reserves decrease to $162 billion in Q4, below previous quarters

  • Apple’s fiscal fourth-quarter report shows a cash reserve of $162.1 billion, less than the $166.5 billion reported in the third quarter.
  • Despite the decline, Apple maintains one of the largest cash piles in the U.S.
  • The company reported $89.50 billion in revenue for the fourth quarter, slightly above Wall Street’s expectation of $89.28 billion.
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