Apple Does Not Have $137 Billion In Cash
by Jarrod W. Jacinth
Yes, I said it. Apple (AAPL) does not have $137 billion in cash. AAPL has $137 billion in assets, not cash. Every article that mentions "Apple's $137 Billion Cash Hoard" is wrong. AAPL's balance sheet for its most recent quarter can be found here. Let's look at the three categories that assets are placed into and dissect them. I will draw parallels to personal finance. Yes, I know a company balance sheet is not personal finance, however, most of the people that will read this are retail investors looking for a way to supplement their income or help find ideas for their retirement. read more »
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