“Apple’s cash for short-term and long-term marketable securities totaled $65.8 billion at the end of the March quarter,” Horace Dediu reports for asymco. “Cash increased by $6.1 billion.”
The enormity of the overall size of this cash can be put into several perspectives:
• Current cash is worth more than Nokia, RIM and Motorola Mobility’s market caps, put together.
• Apple’s cash is worth half of Google’s enterprise value.
• If Apple had no revenues, the current cash would sustain operations (SG&A and R&D) for over 7 years or until the middle of 2018.
More in the full article, including, of course, a nice chart, here.
[Thanks to MacDailyNews Reader “qka” for the heads up.]