Wednesday, March 6, 2013

AAPL: Apple's Cash Balances Approaching $150B

Apple's Cash Balances Approaching $150B
by Stone Fox Capital

A lot is made about the cash balances at Apple (AAPL). In fact a recent article talked about the cash balances not being the $137B (see Apple Does Not Have $137B In Cash) normally used by analysts. The point of the article was that Apple doesn't actually have $137B in cash, but rather the amount is in other assets such as long-term marketable securities that accounts for the majority of the $137B thought to be cash. read more »

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