Last year Apple added $38 billion in cash and cash equivalents to reach a total of $97.6 billion.
The chart below was just posted by Asymco. It shows the composition and scale of Apple's cash holdings. The site notes that Apple's market value is equivalent to 4.3 times the value of their cash.
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Comments (3)
Comments are closed for this article.
0
budsal - January 25, 2012 at 9:29pm
GODDAM!!!
Perhaps Unlockers/Jailbreakers should sue Apple for some of those profits. The Unlockers/Jailbreakers surely drive up sales for iphones and ipads and ipod touches. I, for one, would not be using my 5th iphone if there was no jailbreak and I wouldn't have gotten my first 3 iphones if there was no jailbreak/unlock because I was on tmobile at the time. Although 1 of those 3 came from ebay so apple did not profit. I think there's a point in there somewhere.
0
Niko - January 25, 2012 at 2:40am
Do they like keep their cash money at a bank? or a highly secured volt? Because i heard banks only cover up to 250k or the government i think idk.
0
hamster - January 25, 2012 at 4:13am
No they keep it in between pages of books but primarily under their mattress.
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