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2021-12-22

Apple Gets Moody’s Debt Rating Boost to Highest Level

Apple on Tuesday received a debt-rating upgrade from Moody’s to Aaa, the firm’s highest possible rating.Moody’s said the upgrade of Apple to Aaa from Aa1 reflects exceptional liquidity, earnings growth, and a very strong business profile. The company’s push to reach a net cash neutral position over time, the ratings company said, further supports expectations for “an exceptionally strong liquidity profile over the next 3 to 5 years.”The ratings firm said that Apple’s primary risks relate to reg

Apple Gets Moody’s Debt Rating Boost to Highest Level

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Apple Gets Moody’s Debt Rating Boost to Highest Level

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