A risky cash strategy for Apple

Apple still falls short of its tech peers when it comes to returning money to shareholders. But is playing safe with its cash pile still the right strategy?

Apple Inc once again rewarded shareholders richly as its shares surged to new highs above $US500 on Monday. There is, though, one part of the iPhone and iPad company's business that is not exactly humming: Its management of a pile of money now probably exceeding $US100 billion.

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