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Apple’s real cash pile is 99% smaller than you think

Apple’s real cash pile is 99% smaller than you think

October 7, 2015

Via: itCurated
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You’re one of millions of loyal Apple stockholders. And if there’s anything you love more than your new iPhone 6s, it’s the huge $203 billion in spare cash that the company says is sitting in its bank accounts.

That’s the number widely reported in the media.

It’s the number that appears on Page 8 of the company’s most recent quarterly financial report.

It’s a record cash pile for any American company.