Apple Q2 Earnings: Apple Now Has Over $110 Billion In Cash Reserves

apple_rainbow_logo

Apple has once again beaten analysts’ expectations with its Q2 results out today, and correspondingly the iPhone giant now has an even stronger cash position than it did before: $ 110 billion in the six months ended March 31, 2012 versus $ 81.5 billion in the six months ended September 24, 2011.

In cash and cash equivalents the company now has over $ 10.1 billion; short-term marketable securities are at $ 18.4 billion; long-term marketable securities are at $ 81.6 billion. This is a rise in every segment compared to six months ago.

In that earlier period, Apple had $ 9.8 billion in cash and cash reserves; $ 16.1 billion in short-term securities and $ 55.6 billion in long-term securities:

Apple this past quarter announced a share buy back and dividend, its first in many years. This new, even stronger, liquidity will likely bring even more attention on the question of what Apple will/should/could do with all that money.

Update: On the call Apple reiterated it would be paying out a dividend of $ 2.55 per share beginnning in the September quarter.



TechCrunch » apple

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply