iamse7en t1_iy92ced wrote on November 29, 2022 at 5:44 PM

Reply to comment by WR810 in Bob Iger Tells Disney Town Hall Hiring Freeze Still In Effect, No New Acquisitions Planned & Not Merging With Apple by Neo2199

You’re still missing all marketable securities that can also be easily converted to cash, which is what people are saying when “Apple has $200B in ‘cash.’”

> [Apple] had more than $200 billion in cash and marketable securities at the end of the last quarter…

[deleted] t1_iy93fiy wrote on November 29, 2022 at 5:51 PM

[deleted]

WR810 t1_iy95pi1 wrote on November 29, 2022 at 6:05 PM

That article is from March, but it seems we're both wrong anyways.

[For the most recent quarter] for Apple, its strong cash position is a major strength. The company holds cash and cash equivalents of $34.94 billion and also holds $27.79 billion in marketable securities (on the current assets side) that can easily be converted into cash. It also has non-current marketable securities of $127.88 billion.