Take a look at the chart below. It should not be surprising to find tech companies such as IBM, HP or Cisco in debt. You could never have too much cash on hand, for future acquisitions or whatever. Or perhaps money is too cheap nowadays not to be borrowing.
Notice the two names missing on the list: Apple and Google. Both of them are in fact debt free. Perhaps you could also use this chart to separate the “new” from the “old” in the tech world.
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