investments

Planet Money
6:22 pm
Tue July 24, 2012

Apple Just Made $9 Billion (And Investors Are Mad)

Daniel Hennemand (photogestion) Flickr

Originally published on Thu July 26, 2012 9:30 am

Apple reported its financial results for the quarter ended June 30, and depending how you look at it, they're either amazing or disappointing.

The company says it made $8.8 billion in profits over the course of three months. That's more than enough to buy every share of Alcoa, the global aluminum giant, which was worth just under $8.6 billion when the stock market closed this afternoon.

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Planet Money
8:59 am
Thu July 19, 2012

Wait, Investors Paid Germany To Hold Their Cash?

Monument to headier times: The euro logo outside the European Central Bank in Frankfurt. The International Monetary Fund has warned of possible deflation in parts of Europe.
Frank Rumpenhorst AFP/Getty Images

Originally published on Thu July 19, 2012 3:00 pm

On Wednesday, investors paid Germany to hold on to their money for a couple years.

That's right: Germany got to borrow more than 4 billion euros (about $5 billion), and instead of Germany paying interest to its lenders, the lenders are paying Germany. This a lot like Citibank paying you a smidgen to carry a balance on your credit card or to take out a loan (without also charging you interest).

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