Firm set to reveal its quarterly financial results and reveal reserves of more than a quarter of a trillion dollars

NEW Apple is set to report its quarterly financial results this week, which are expected to be greater than the foreign cash reserves of the UK and Canada combined - it will likely be of $246.09B

Likely has $246.09 billion total cash, cash equivalents and securities off shore
Keeping money off shore has allowed Apple to avoid the 35% US corporate tax


Apple is set to report its quarterly financial results on Tuesday, which is expected to greater than the foreign cash reserves of the UK and Canada combined. Firm is said to have topped a quarter of a trillion dollars, which is double its cash pile from just four and a half years ago

Not only will Appel's results show a total of cash that is greater than two countries, but it is also said to exceed the market values of Wal-Mart Stores In and Procter & Gamble Co., Tripp Mickle reported with The Wall Street Journal, who also noted that the results exclude any and all Apple's debt.

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