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You’re right, Apple only has 68 billion dollars in cash, up 40% since last year. Definitely on their last legs.
by conception 3mo ago
You’re right, Apple only has 68 billion dollars in cash, up 40% since last year. Definitely on their last legs.
- brcmthrowaway 3mo agoI remember the infographics of 5-10 years ago. They had 200 billion. What happened? Sinking ship?
- malshe 3mo agoThey never had $200 billion in cash in any quarter. Not at least since 2014. Besides, how much cash to hold is an executive decision. If the cash balance went down, it doesn't mean their business is not doing well. Cash can be used for Capex, like what the hyperscalers are doing right now. It can be used for buying back equity.
- mandeepj 3mo agoThey spent close to $100 billion in stock buybacks during the last 10ish years :-)
- brcmthrowaway 3mo agoHow does that compare to other companies?
- mandeepj 3mo agoWhat do you think?
- mgambati 3mo agoFree cash? Crazy. I think I can live with the interest of that in the bank.
- nxtfari 3mo agoyou could live (100k a year) with the interest of 0.004% of that in the bank.