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.
Let’s put Apple’s amazing cash on hand numbers into perspective once again. The company now has $137.1 billion in cash — a 12.9 percent increase from the last reported number, $121.3 billion. With such a big figure, it’s hard to realize how big it actually is. In 2012, HP had $120.4 billion of annual revenue. Apple slightly edges HP’s revenue with its cash.