Enlarge / A customer buying a new iPhone in Russia. (credit: Sergei FadeichevTASS via Getty Images)
When it reports its quarterly financial results on Tuesday, Apple will likely have a quarter-trillion dollars in cash in the bank.
That’s a greater hoard than any other company in recent US history, according to the Wall Street Journal, which reported the numbers on Sunday.

For comparison, Apple’s cash pile exceeds the market value of Walmart and Procter & Gamble. The sum is more than the foreign cash reserves of the UK and Canada combined.
Some 93 percent of the company’s cash and other liquid assets are kept overseas.

The Trump administration has proposed a tax holiday to encourage companies to bring money back to the US, as well as a lower corporate tax rate, fueling more speculation about how Apple will use its money.

Apple CEO Tim Cook has said he’s interested in moving some of the company’s cash stateside, if tax conditions are right.
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