Braeburn Capital Braeburn Capital Braeburn Capital Inc. is an asset management company based in Reno, Nevada and a subsidiary of Apple Inc. Its offices are located at 6900 S. McCarran Boulevard in Reno. Apple created the company on October 3, 2005 to better manage its assets and to avoid certain California state taxes and taxes from other U.S. states totaling in millions of dollars. In October 2012, CNET reported that Braeburn had US$117.2 billion under management, making it "the world's biggest hedge fund." In 2012, Wall Street analysts calculated that Apple could earn up to $45.6 billion in fiscal year 2012, a
Capsule (fruit) Capsule (fruit) In botany a capsule is a type of simple, dry, though rarely fleshy dehiscent fruit produced by many species of angiosperms (flowering plants). The capsule (Latin: "capsula", small box) is derived from a compound (multicarpeled) ovary. A capsule is a structure composed of two or more carpels. In (flowering plants), the term locule (or cell) is used to refer to a chamber within the fruit. Depending on the number of locules in the ovary, fruit can be classified as uni-locular (unilocular), bi-locular, tri-locular or multi-locular. The number of locules present in a gynoecium may be equal to or