Oct 05

An update on Apple’s curent assests – For figures released for sales to September 29 2012.

From Apple 10k for fiscal year ending Sept 2012

Current assets:
Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 10,746
Short-term marketable securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,383
Accounts receivable, less allowances of $98 and $53, respectively . . . 10,930
Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 791 776
Deferred tax assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,583
Vendor non-trade receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,762
Other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,458
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57,653
Long-term marketable securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92,122
Property, plant and equipment, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,452
Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,135
Acquired intangible assets, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,224
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,478
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $176,064

Total cash on hand for Apple is now: $121.2 billion dollars.

cash_hoard at Apple

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Mar 19

Apple are sitting on close to $100 Billion and people have been asking what are they going to do with that pile of cash. The company is generating additional cash at a pretty rapid rate.

cash_hoardThe last release in Jan 2012 showed that Apple added $17.5 Billion in the quarter ending Dec 31 2011. A year earlier for the quarter ending Dec 31 2010 Apple generated $9.8 Billion.

The company could announce a stock buy back, a dividend plan, a one off dividend or a decision to do nothing.

We will know at 9 EDT today. See link to Apple website

Update – Apple’s Tim Cook announced that he will share the love – Over the next 3 years Apple will spend $45 Billion on share buy backs ($10 Billion) and a regular dividend starting at$2.65 / share, starting in the July quarter.

This will be the first Apple dividend in 17 years. The stock closed at just over $600.

 

 

 

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