Apple News: Apple's cash reserve reaches $195 billion, closing in on Microsoft

Microsoft has ranked first in cash reserve among technical companies. However, as a result of the spending on stock repurchase, dividends and acquisitions in the past few years, Microsoft's cash reserve has dropped from 64 billion US dollars four years ago to 26.3 billion US dollars at present. This figure still ranks first in IT technology enterprises. However, Apple Company, which has enjoyed smooth development in the recent two years, has caught up. Its cash reserve of 19.5 billion US dollars ranks third.