Apple Inc revealed late Tuesday that it now has $202.8 billion cash on hand in the form of cash, cash equivalents, short-term marketable securities, and long-term marketable securities. The cash pile was up 5 per cent from last quarter, and 23 per cent from last year.
While only about 7.5 percent of this hoard is actually cash, the above terms are used in the corporate world to describe cash-like liquid assets.
Lets take a look at some of the things which can be compared to this mammoth figure of Apple's cash pile and what all can be incorporated in $200 billion:
- The total net-worth of Bill Gates, Warren Buffett, Mark Zuckerberg, and Jack Ma combined would equal the comapnys cash pile
- Mukesh Ambani's fortune would have to be multiplied ten times to equal Apple's cash reserve
- According to IMF a country named Kioribati would have only $184 billion as it's GDP by 2020. That's 5 years from now and still less than what Apple has in its cash pile
- Thats also more than the GDP of countries like New Zealand, Peru and Qatar according to Wolrd GDP Rankings at current price for 2015
- One can take two-hundred-seventy separate trips to the moon with that money
- There are only 14 companies in the S&P 500 index that have a larger market cap than Apple's cash pile
- Qatar is going to spend about the same amount for the 2022 Fifa World Cup
Sources: IMF, World Bank, The Richest, Forbes