It actually IS more than both Google and Microsoft combined. They're required to break up the revenue from the iPhone over 8 quarters -- its supposed to be spre

It actually IS more than both Google and Microsoft combined. They're required to break up the revenue from the iPhone over 8 quarters -- its supposed to be spread out over the life of the iPhone's subscription. But its all paid to Apple upfront. While that listing didn't show you exactly how much earnings was reported that quarter from Apple, but its fast becoming their bread and butter. And yes, if you end up multiplying that value by 8, Apple's cash on hand last quarter was something like $40 billion. (Still looking for a URL to back up my sources. DaringFireball.net did an analysis where he was quick to point this out. I think the closest I can find to the number crunching was this: http://daringfireball.net/2008/10/the_phone_company http://daringfireball.net/2008/10/the_phone_company ) I remember the post addressing re: iPod Touches and charging for updates -- because they're not part of a subscription, but yeah, either way, there's a lot of evidence that the "cash on hand" is significantly larger than what's being reported, due to accounting reasons.