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No. They ARE sitting on $246B of liquidity and they CAN do with it whatever they want. The company's short-term and long-term debt total $77B, but they can re
by cs702 10y ago
No. They ARE sitting on $246B of liquidity and they CAN do with it whatever they want.
The company's short-term and long-term debt total $77B, but they can repay that over time from future profits. All other liabilities on the balance sheet are ordinary items like accounts payable and deferred revenues, and those will be fulfilled during the ordinary course of business too, without ever needing to touch a single dollar of the $246B pile.
- cm2187 10y agoYou can only distribute to your shareholders your reserves. They do not have $246B of reserve. And yes they can spend some of it, but that will come in deduction of their equity (through P&L). This is not the balance sheet of some risky start up who will borrow to pay their bills. I believe Apple has a AA+/AAA kind of rating. These investors are not in there for the risk.