Apple and Google Boost their US Treasury Holdings to Nearly $100 Billion
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2017 Aug 6, 10:17am 1,009 views 2 comments
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Patrick
2017 Aug 6, 9:50pm
Patrick
2017 Aug 6, 9:50pm
Apple now has 109B in debt as well.
Yes, Yahoo finance agrees with that:
Balance Sheet
Total Cash (mrq) 76.76B
Total Cash Per Share (mrq) 14.85
Total Debt (mrq) 108.34B
But if they have only $77B in cash, why are stories reporting that they have $257B? https://www.cnbc.com/2017/05/02/apples-cash-hoard-swells-to-record-256-8-billion.html (danger: autoplaying video shit, kill the volume first)
That's a whopping huge contradiction.
https://smaulgld.com/apple-google-u-s-treasury-holdings-soar-2017/
www.youtube.com/embed/-kV_sWOmsLU