Apple Now Has $203 Billion In Cash On Hand

In its earnings release today, Apple revealed that it now has $202.8 billion cash on hand in the form of cash, cash equivalents, short-term marketable securities, and long-term marketable securities. While only about 7.5 percent of this hoard is actually cash, the above terms are used in the corporate world to describe cash-like liquid assets. Notably, total company assets (including… Read More...