Braeburn Capital is an asset management company based in Reno, Nevada and a subsidiary of Apple Inc. Apple created the company on April 6, 2006 to better manage its assets and to avoid certain California state taxes. At the end of 2005, 2006, and 2007 Apple's cash and short-term investments were valued at US$8.3 billion, US$10.1 billion, and US$18.45 billion respectively. As of September 27, 2008, its cash holdings were reported to be US$24.490 billion.
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- Braeburn Capital is an asset management company based in Reno, Nevada and a subsidiary of Apple Inc. Apple created the company on April 6, 2006 to better manage its assets and to avoid certain California state taxes. At the end of 2005, 2006, and 2007 Apple's cash and short-term investments were valued at US$8.3 billion, US$10.1 billion, and US$18.45 billion respectively. As of September 27, 2008, its cash holdings were reported to be US$24.490 billion. The name Braeburn refers to a particular kind of apple.
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- Braeburn Capital is an asset management company based in Reno, Nevada and a subsidiary of Apple Inc. Apple created the company on April 6, 2006 to better manage its assets and to avoid certain California state taxes. At the end of 2005, 2006, and 2007 Apple's cash and short-term investments were valued at US$8.3 billion, US$10.1 billion, and US$18.45 billion respectively. As of September 27, 2008, its cash holdings were reported to be US$24.490 billion.
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