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I must be misinterpreting http://finance.yahoo.com/q/bs?s=AAPL+Balance+Sheet&annual http://finance.yahoo.com/q/bs?s=AAPL+Balance+Sheet&annua... Would love it i
by kevin_morrill 14y ago
I must be misinterpreting http://finance.yahoo.com/q/bs?s=AAPL+Balance+Sheet&annual http://finance.yahoo.com/q/bs?s=AAPL+Balance+Sheet&annua... Would love it if someone can chime in with the right way to read that kind of statement to arrive at the number the way TechCrunch is reporting it.
Presumably, I am misquoting the number for Exxon too (http://finance.yahoo.com/q/bs?s=XOM+Balance+Sheet&annual http://finance.yahoo.com/q/bs?s=XOM+Balance+Sheet&annual). I fixed the Apple figure in my post.
- rjtavares 14y agoYou are not counting Apple's short and long term investments. If you read the Notes to the Financial Statements[1] (the most important piece in accounting), you can see the breakdown of all the cash and securities owned by Apple, including 20M Treasury and 47M Corporate bonds. [1] http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8888271-212228-307222&type=sect&dcn=0001193125-12-444068 http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?F...
- kevin_morrill 14y agoOkay, now I am thinking I was counting it correctly for the context of my post. The $10B in cash is sitting idle. If it's in short and long term investments, that it's being put to some kind of use.