WSJ: Apple Now Holds 10% of All Corporate Cash: Moody’s
QZ: Apple is sitting on 10% of all US corporate cash
Reality: Apple’s foreign and domestic cash reserves, if taken in aggregate, constitute around 10 percent of U.S. corporate cash, if you discount financial corporations.
In its earnings release today, Apple revealed that it now has $202.8 billion cash on hand in the form of cash, cash equivalents, short-term marketable securities, and long-term marketable securities. While only about 7.5 percent of this hoard is actually cash, the above terms are used in the corporate world to describe cash-like liquid assets.