In its quarterly results on Tuesday, Apple Inc. likely will report that its cash hoard has topped a quarter of a trillion dollars, an unrivaled milestone for a private corporation that raises a question: Why would any company want to hold that much money? Apple has added to its pile at a blistering pace, doubling it in just over four-and-a-half years. In the last three months of 2016 it wracked up new cash at a rate of about $3.6 million an hour. Its current total, not accounting for debt, exceeds the market values of...

Source: Wall Street Journal April 30, 2017 15:33 UTC