4 ms·
Thank you! Out of curiosity, how did you put together that list? Googling seems to only bring up second-hand lists like https://thenextweb.com/insider/2011/08/
by sillysaurus3 9y ago
Thank you!
Out of curiosity, how did you put together that list? Googling seems to only bring up second-hand lists like https://thenextweb.com/insider/2011/08/22/big-money-the-companies-with-the-biggest-cash-piles-in-tech/ https://thenextweb.com/insider/2011/08/22/big-money-the-comp... but I think I'm using the wrong terms.
(That's an interesting list too -- for comparison, Apple apparently had $76.2B in 2011.)
- protomyth 9y agoApple is also running up quite the debt (over $100B) in the US so the overall figure is actually lower. http://www.barrons.com/articles/apple-plans-to-sell-lots-of-bonds-but-no-30-year-maturities-1493920673 http://www.barrons.com/articles/apple-plans-to-sell-lots-of-...
- seanmcdirmid 9y agoThey do that because interest rates are low and much of their cash hasn't been repatriated (taxed) to the USA.
- protomyth 9y agoYes, but that doesn't really change the fact that their money in the bank needs to be considered partially encumbered.
- adventured 9y agoI put most of it together off the top of my head, from knowing a bunch of the companies that were cash rich, then checked on a few I suspected were (like Samsung), and then finally cross checked a few lists for any stragglers I missed (eg Amgen). I dug through some of China's companies (eg BABA or CHL), but didn't run across any offhand that made the list (their banks obviously do as with US banks).