Apple has more money than the UK and Canada combined

Just Pinned to Domestic and Global News: MORE CASH THAN UK AND CANADA -- COMBINED... Apple is set to report its quarterly financial results on Tuesday which are expected to reveal a cash stockpile greater than the foreign cash reserves of the UK and Canada combined. The Cupertino company is likely to reveal it has topped a quarter of a trillion dollars an amount that is double its cash pile from just four and a half years ago. The firm has been able to avoid US corporate taxes by keeping nearly 93 percent of its $246.09 billion total cash cash equivalents and securities off shore a route many major companies have taken. Scroll down for video 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 Which US tech giants have their billions in offshore accounts? In 2016 Citizens for Tax Justice the U.S. PIRG Education Fund and the Institute on Taxation and Economic Policypublished a document containing a list of the top 20 American companies which kept their money
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