3 ms·
I actually thought that Apple had about the most cash on hand of any tech company or even almost any corp but I guess I was very wrong. Apparently it’s only #2
by indigodaddy 4y ago
I actually thought that Apple had about the most cash on hand of any tech company or even almost any corp but I guess I was very wrong. Apparently it’s only #20, and MS, Alphabet and Amazon have more cash. I’m not sure how much I trust that they really do though (I definitely trust that Apple does).
https://www.financecharts.com/screener/most-cash https://www.financecharts.com/screener/most-cash
- lapcat 4y agoApple had a much bigger cash pile in the past, but they've been public for years about their intention to reduce their cash position: https://www.cnbc.com/2018/02/02/apple-vows-to-cut-its-163-billion-in-net-cash-to-zero.html https://www.cnbc.com/2018/02/02/apple-vows-to-cut-its-163-bi...
- oblio 4y agoApple puts their money in their own huge fund called Braeburn. That's why you're not seeing the money.