Apple is undoubtedly the most valuable public company in the world, beating the likes of Google and ExxonMobil at $400 billion. But how much cash does it have on hand?
When Economy Watch reported Apple’s cash holdings last June, Apple had just $29.4 billion in cash, trailing behind China Mobile’s $51.1 billion. Today, Apple is sitting on $97.6 billion in cash, a remarkable 231.9 percent surge.
This infographic highlights Apple’s stellar quarterly performance, and what these numbers really mean.
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