• Apple Insider, Tuesday, July 10, 2012 11:28 AM

To the best of anyone’s knowledge, Apple has about $74 billion in cash lying in wait overseas -- up from $64 billion in December, and $35 billion at the end of 2010. That’s according to Moody’s Investors Service’s Richard Lane, citing SEC filings as well as his firm's estimates. Following Apple’s lead, Microsoft reportedly has $50 billion in overseas cash, while and Cisco isn’t far behind with $42.3 billion. “The top 10 U.S. tech companies now own 83% of all offshore cash for the sector, up from 74% five years ago,” AppleInsider notes.
 

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