Jan
26th
Thu
26th
Apple's Stunning Quarter
Apple now has $97.6 billion in cash.
Think about how big that number is. Apple could cease all business operations now, take 10,000 of its employees, pay them each $100,000 a year for doing nothing, and not run out of cash until the year 2110.
I like also putting information into perspective. I was thinking also about that this morning how 97.6 billions in liquidity is such a big number. They could buy most of their competitors and even privatize a country if they would like.
