3 ms·

$10B is a lot of money, no doubt, but it only represents about a fifth of what Apple currently has in cash. How much cash does Seagate have? Probably none. So i

$10B is a lot of money, no doubt, but it only represents about a fifth of what Apple currently has in cash. How much cash does Seagate have? Probably none. So it would be more like a $60B fine for Apple.

malfist 3y ago
> How much cash does Seagate have? Probably none You know all public companies disclose this quarterly right? You could just look it up instead of giving an incorrect answer. They have $766m on hand. This is less than half of what seagate has on hand.
- Maursault 3y ago
  > They have $766m on hand. Seagate has $766M in cash. > This is less than half of what seagate has on hand. What!? Subtracting debt, Apple now has $54B in cash.[1] Subtracting a debt of $6.03B Seagate has minus $5.264B.[2] [1] https://www.macrumors.com/2023/02/02/apple-1q-2023-earnings/ https://www.macrumors.com/2023/02/02/apple-1q-2023-earnings/ [2] https://tradingeconomics.com/stx:us:debt https://tradingeconomics.com/stx:us:debt
  - malfist 3y ago
    300M is less than half of 766M.
    - Maursault 3y ago
      Thanks, I just didn't see it. But then by this measure, since Apple has $165B in cash pre-debt, one would have to fine Apple roughly $64B, or about five Gerald R. Ford-class aircraft carriers, for the metaphor to be apt, not $10B.
- ipaddr 3y ago
  They gave you a chatGPT number: incorrect with confidence