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> 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 c

> 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.