Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Graham Osborn who wrote (56796)	2/1/2016 8:17:10 PM
From: E_K_S	Read Replies (1) \| Respond to of 78758

Re: APPL's cash hoard I agree w/ your numbers and it checks out w/ the numbers reported by Yahoo Finance too. However, I see these articles that states companies large cash hoards; Apple has enough cash to buy every major sports team in the world "...By the time Apple’s October quarter came to a close, the company found itself sitting on a cash hoard worth $206 billion, a figure that’s higher than the GDP of many countries. With $206 billion, Apple could theoretically afford to give every single person in the United States (assuming a population of 318.8 million) $646, effectively the cost of a brand new iPhone...." ------------------------------------------------- I suspect they are not looking at their debt (almost $63bln) specifically the new bonds they issued recently. I also think that most of this money is offshore so I am not sure it is reflected in these numbers or not (it s/d be). It's still a very large number. EKS