the iPhone effect also known as Apple’s Soaring Pile Of Cash

by Jess Sloss on November 12, 2009

Oh to have $35 Billion dollars to play with.

“On December 27th, 1996, Apple had $1.8 billion in cash and securities. Today it has $34 billion.” – gizmodo

brendan

This is a somewhat deceptive chart. There are many aspects that can influence total cash, and it depends greatly on strategy and management. More revealing would by to look at revenues, for example.
B

Jess @thattallguy

true but piles of cash are so much more fun.

Regardless, it shows the economic power that Apple has in it's back pocket.