Why might Apple have needed to hold on to so much cash in excess of what it needed to operate? What are the critical ingredients for success in this industry

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter6: Managing Cash Flow
Section6.2: Surviving In The Short Run
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Why might Apple have needed to hold on to so much cash in excess of what it needed

to operate? What are the critical ingredients for success in this industry?

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