Where does AAPL ( Apple Inc.) keep close to $100 Billion in Cash and what to do with that pile of cash ?
I was looking over the recent Apple Earnings report and was curious where they park that mountain of almost $100Billion in Cash
I did a pie chart to show the amounts and percentages.
As expected very little of the $97,521,000,000 is actually in cash only $3.9B or 4.06%
The majority of Apple’s money is parked in US Treasury , US Agency & Corporate Securities which accounts for 75.47%
Below is the the breakdown of where the money is in ascending order:
such as , Asset-backed securities, mutual funds, commercial paper, money market funds, certificates of deposits and time deposits, Cash, municipal securities, non-U.S. government securities, US Treasury Securities, US Agency securities and Corporate securities.
Another question that some may wonder is what does apple (AAPL ) make in interest on that massive pile of cash?
Surprisingly not much approx. 1.02% in 1st 2012 Q compared to .75% in the 2011 Q
Even at just 1% per Quarter works out to almost $4B per year or $10Million+ per day ( This is just my estimate but will continue to grow since they keep adding so much cash per Quarter and the compounding effect can get ridiculous)
You can read the full Apple earnings report for Dec. 31st , 2011 here: http://sg22.ly/ybzE3Q
I tweeted today what can $AAPL do for fun with close to $100B in cash :
Outside from the boring but smart suggestions of :
- buy out or take positions in #icloud , social networking, or movie content companies to help upcoming #iTV AppleTV launch
- declare a special dividend ( they have over $100 per share of cash on hand) WOW!
- share repurchase
- continue spending on R&D
- reduce the cost of iphones , ipads, Macs, ipods.
- $AAPL could give every person in the U.S. $319.58
- could buy 2,500 Gulfstreams V that Mark Cuban ( @mcuban ) bought or it can buy 40 @mcuban ‘s
- could go to an apple store and buy 500 million + new
#iphone4s with a $VZ contract
- could pay the $100B ransom by Dr.Evil (
#austinpowers) if he ever held the world hostage http://sg22.ly/yI4fYs
- could buy out $NFLX & $RIMM & still get back $80Billion+ in change back
- by @colindean : With $100B, Apple could put an iPod Touch in the hands of every person in the US and Pakistan, the 3rd and 6th largest countries
@colindean: With $100B, Apple could put an AppleTV on every TV in China. #applecash
@colindean: Apple could pay off 75% of American farm mortgage debt with its $100B #applecash
- by @mmassassin : take wife to the dollar store and tell her go crazy girl
- buy the entire Facebook iPO ( $FBOOK ) which is expected to be worth $100B ( on serious note they should take a part ownership stake.
No. Ticker Company Market Cap 1 XOM Exxon Mobil Corporation $415,906.82 2 AAPL Apple Inc. $414,461.86 3 PTR PetroChina Co. Ltd. $269,864.46 4 MSFT Microsoft Corporation $247,527.72 5 RDS-B Royal Dutch Shell plc $230,287.19 6 IBM International Business Machines Corp. $225,092.84 7 BHP BHP Billiton Ltd. $214,068.38 8 CVX Chevron Corporation $212,271.85 9 WMT Wal-Mart Stores Inc. $208,803.96 10 PBR Petroleo Brasileiro $203,559.42 11 GE General Electric Company $201,328.66 12 CHL China Mobile Limited $200,439.49 13 BRK-A Berkshire Hathaway Inc. $197,092.50 14 PBR-A Petroleo Brasileiro $187,580.40 15 GOOG Google Inc. $184,001.90 16 BBL BHP Billiton plc $181,886.27 17 JNJ Johnson & Johnson $179,416.84 18 PG Procter & Gamble Co. $178,285.54 19 T AT&T, Inc. $174,520.70 20 PFE Pfizer Inc. $166,269.15 21 KO The Coca-Cola Company $154,466.36 22 WFC Wells Fargo & Company $153,196.04 23 HBC HSBC Holdings plc $151,554.43 24 VOD Vodafone Group plc $143,920.56 25 JPM JPMorgan Chase & Co. $142,453.38 26 ORCL Oracle Corporation $142,181.02 27 BP BP plc $141,596.77 28 INTC Intel Corporation $136,211.00 29 PM Philip Morris International, Inc. $132,670.53 30 TM Toyota Motor Corporation $128,593.15 31 VALE Vale S.A. $126,649.60 32 FMX Fomento Econ $125,631.31 33 NVS Novartis AG $125,470.08 34 TOT Total SA $124,813.93 35 MRK Merck & Co. Inc. $118,198.33 36 ABV Companhia de Bebidas Das Americas (AMBEV) $115,701.56 37 GSK GlaxoSmithKline plc $114,739.44 38 RIO Rio Tinto plc $113,144.93 39 CSCO Cisco Systems, Inc. $106,603.30 40 VZ Verizon Communications Inc. $105,712.90 41 PEP Pepsico, Inc. $103,998.03 42 SLB Schlumberger Limited $101,975.04 43 EC Ecopetrol SA $101,646.93 44 MCD McDonald's Corp. $101,482.96 45 SNP China Petroleum & Chemical Corp. $101,269.11 46 BUD Anheuser-Busch InBev $99,399.67 47 SPY SPDR S&P 500 $99,190.91 48 SNY Sanofi $99,144.61 49 QCOM QUALCOMM Incorporated $97,564.78
Hope you found this helpful or if you find any errors ,