When will Apple intervene in currencies? FX reserves exceed UK & Canada combined!

Apple reports its quarterly results on Tuesday; as part we"ll get their latest cash reserves

• Expected at more than $US250 Billion


• That"s an amount greater than the combined foreign-currency reserves held by the U.K. and Canada


• Apple keeps most of its cash offshore of the US (93% of its cash, cash equivalents, and securities as of December)

Yowza.

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When will Apple intervene in currencies? FX reserves exceed UK & Canada combined!
When will Apple intervene in currencies? FX reserves exceed UK & Canada combined!
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