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But Apple still has $233,000,000,000 in the bank

Don’t feel sorry for the iPhone maker, as it reports it’s first ever year-over-year decline. Via Steve Schlafman, an investor at RRE Ventures:  Apple now has $233,000,000,000 in the bank. That’s not a typo. They could buy Tesla today and still have $200,000,000,000 for a rainy day. — Steve Schlafman (@schlaf) April 26, 2016

Don’t feel sorry for the iPhone maker, as it reports it’s first ever year-over-year decline. Via Steve Schlafman, an investor at RRE Ventures: 

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About the author

Christina Farr is a San Francisco-based journalist specializing in health and technology. Before joining Fast Company, Christina worked as a reporter for VentureBeat, Reuters and KQED

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