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Apple has more cash than TCS, Reliance's combined market value
short by Pragya Swastik / on Wednesday, 1 August, 2018
Apple in its Q3 earnings on Tuesday revealed having $243.7 billion in cash, which is more than the combined market value of India's two largest companies, TCS and Reliance Industries. The two companies are the only Indian companies with a market valuation of over $100 billion. Apple's cash reserve is also more than twice the valuation of both the companies.
read more at Apple Newsroom