$25 billion in cash and no debt

This is why you should never invest in good companies with amazing products (From the New York Times ):

Apple sold about 6.9 million of its iPhone 3G units in its fourth quarter, compared with 6.1 million cellphones for R.I.M., he [Steve Jobs] said. Apple has already surpassed its goal of selling 10 million iPhones during 2008, he [Steve Jobs] said.

The success of the iPhone helped push Apple's net income up 26 percent, to $1.14 billion, or $1.26 a share, from $904 million, or $1.01 cents a share, last year. Revenue increased 27 percent, to $7.9 billion, from the $6.22 billion recorded a year ago.
Apple said it shipped 2.6 million Mac computers, representing 21 percent growth over the year-ago quarter when it shipped 2.2 million.
"This company is on a roll and a very consistent one, where they are gaining market share at two to three times the rate of the PC industry," said Charles Wolf, a financial analyst at Needham & Company.
It [Apple] sold 11 million iPods during the quarter, representing 8 percent growth over the year-ago quarter.
Apple said it ended the year with $25 billion in cash and no debt. Apple's stock dropped $6.95, or about 7 percent, Tuesday to close at $91.49
Apple's 52-week high was $202.96.

Disclaimer: As I bought on margin , I no longer have any Apple shares. 

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