According to this article (and many others), Apple has a massive cash pile of 137 billion. However, if I look at their Financial Statements, it shows (as of 2012-12-29) they only have 40 billion in Cash and Short Term investments and 72 billion in Total Current Assets. How do people get the number of 137 billion?

  • 3
    97.3B in long term investments. That, plus the cash adds to exactly $137B. See balance sheet you linked to, further down the sheet. – JTP - Apologise to Monica Feb 26 '13 at 2:40
  • 3
    Why on earth is this considered to be a question about Personal Finance? It should be closed if not deleted! – Dilip Sarwate Feb 26 '13 at 3:21
  • 10
    @DilipSarwate You (and the other who voted to close) are mistaken. Interpreting public company financial statements is on-topic, as it relates to investing. Individual investors should ask such questions. – Chris W. Rea Feb 26 '13 at 3:37
  • 4
    "they only have 40 billion in Cash" - That phrase should never be uttered in this universe, except maybe in Zimbabwe – JohnFx Feb 26 '13 at 4:03
  • 5
    I think he is commenting on the fact that the word "only" in that sentence is just silly. – Sean W. Feb 26 '13 at 21:25

JoeTaxpayer's comment basically answers my question. See this link for a more detailed explanation. The article Getting Apple's Cash Right And Why It's Important was published January 2012, but makes the issue clear.

| improve this answer | |

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.