Apple (AAPL +0.5%) has accumulated $76B in cash, and investors are starting to ask what it...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL +0.5%) has accumulated $76B in cash, and investors are starting to ask what it intends to do with the hoard. Apple's longtime policy is that it wants to be ready for strategic opportunities, but this is "a level of cash that's preposterous by any metric," and the company, which has no debt, could easily borrow money at low rates to make a large acquisition, an analyst says.