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There has to be a reason Apple has any cash on hand whatsoever instead of parking a lot there? Unless they look at that as a cash-equivalent... which I am guess
by MuffinFlavored 4y ago
There has to be a reason Apple has any cash on hand whatsoever instead of parking a lot there? Unless they look at that as a cash-equivalent... which I am guessing they don't?
- drexlspivey 4y agoCash on hand is marked as "Cash And Short Term Investments" in the balance sheet and includes US treasuries which are very liquid and basically as good as cash.