Apple now has $192.8 billion in cash on hand, down from last quarter

Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic.

Apple now has $192.8 billion on hand, according to the company's fiscal second-quarter earnings report released Thursday.Apple CEO, Tim Cook openS the door of the newly renovated Apple Store at Fifth Avenue on September 20, 2019 in New York City.

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