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Apple now has $110B in cash, investments

By Brett Molina, USA TODAY
Updated

In case you missed it, Apple posted more jaw-dropping earnings numbers Tuesday, including a second-quarter profit of $11.6 billion.

Most of the numbers are staggering: 35.1 million iPhones and 11.8 million iPads sold, and quarterly revenue of close to $40 billion.

But here's another that's equally impressive: $110 billion. That's the amount of cash and investments Apple has secured.

To put this in perspective -- as The Next Web suggests -- Apple's pile of cash and investments is greater than the combined market values of Amazon, Nokia and BlackBerry maker Research in Motion.

This represents a jump from the $98 billion Apple reported in its first-quarter earnings. Last month, the company revealed it was giving some of that back in the form of a dividend and stock buyback program.

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