Apple Is Sitting on Nearly $100 Billion in Cash

Forget Apple‘s ($AAPL) stunning earnings report; think about all the money that the company is sitting on.

As of December 31st, Apple has $10.31 billion in cash and cash equivalents, plus $19.846 billion in short-term marketable securities and another $67.445 billion in long-term marketable securities.

Add it up, that’s $97.601 billion cash in the bank. Or about $112 per share.

Damn.

Posted by on January 24th, 2012 at 5:19 pm


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