Chart of the week: Apple’s rainy-day fund hits $250bn

Apple’s cash pile has swelled to $250bn, bigger than the market value of Wal-Mart or Procter & Gamble, or the foreign currency reserves of Britain and Canada combined.

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"If this is a rainy-day fund, they're saving for a millennial flood," Georgetown University's finance professor Lee Pinkowitz told The Wall Street Journal.

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