Where does Apple keep its $256 billion cash pile?
In its second-quarter earnings released this week, technology major Apple revealed it has over $256 billion in cash and marketable securities. Of this amount, over 90% is kept outside the US, purportedly for tax purposes. As per Apple's filings, $148 billion is invested in corporate debt, $53 billion is allocated to Treasuries, and $21 billion is kept in asset-backed securities.