Wednesday, 26 February 2020

Apple now has $207.06 billion in cash on hand, up slightly from last quarter

Apple now has $207.06 billion in cash on hand, up slightly from last quarter

Apple now has $207.06 billion cash on hand, according to the company’s fiscal first-quarter earnings report released on Tuesday. That’s a less-than 1% rise from its fiscal fourth quarter of 2019, when it reported a cash pile of $205.9 billion. It’s down about 15% from this quarter last year, when it reported a cash pile of $245 billion.
Read more: https://www.cnbc.com/2020/01/28/apple-q1-2019-cash-hoard-heres-how-much-cash-apple-has-on-hand.html?source=Snapzu

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