Braeburn Capital

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Braeburn Capital is an asset management company based in Reno, Nevada and a subsidiary of Apple Computer, Inc. Apple created the company on April 6, 2006 to better manage its assets and to avoid certain California state taxes. At the end of 2005 and 2006, Apple's cash and short-term investments were valued at $8.3 billion and $10.1 billion, respectively.[1] The name Braeburn refers to a particular kind of apple.


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[edit] References

  1. ^ SEC 10-K Filing (English) (PDF). Apple, Inc. (December 29, 2006).
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