Apple goes to the capital markets today to raise cash

April 29, 2013 Posted By: Leave a comment
SEC filing suggests that its $60 billion stock buyback has not yet begun in earnest.

FORTUNE -- Apple (AAPL) on Monday set in motion the financial mechanisms necessary to initiate the $100 billion cash management plan announced last week.

By 11 a.m., according to an SEC Form S-3 filing, the company will have deposited the cash necessary to pay...

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