4 ms·

At this point, Apple could just take their cash stockpile, dump it in mutual funds, and be profitable, basically, forever.

• DigitalJack 10y ago
  You think it's locked in a safe? I'm sure it's invested in a healthy mix of funds.
  • asragab 10y ago
    Sorry, maybe I am being dense, but isn't that pretty much where it is? I mean, when articles talk about "cash reserves" don't they precisely mean immediately liquid assets, or does that include invested income as well?
    • jedberg 10y ago
      It means "readily convertible". So stocks, mutual funds, other currency reserves, bonds, etc. Things that if you needed cash right now you could quickly turn into cash.
      • Clubber 10y ago
        An example of a non-liquid asset would be real estate.