Rating agencies cite volatility of tech industry as company prepares to issue debt.
By Charles Mead, Victoria Stilwell and Sarika Gangar, Bloomberg|April 24, 2013 at 09:33 AM
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A debt-free balance sheet with more cash than the combined funds of every AAA-rated U.S. company failed to win Apple Inc. the bond market’s highest credit grade as the iPhone maker prepares to borrow to enrich shareholders.
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