AAPL Earnings: Cash Hoard Swells to New Record

Taking the total of Apple’s cash and cash equivalents, short-term marketable securities and long-term marketable securities, the company’s cash position grew to $137.1 billion, another new record. In comparison, Apple held a total cash position of $97.6 billion a year earlier. As the chart below from Zero Hedge shows, Apple increasing its cash position is business as usual.

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Apple’s total cash position, is bigger than the entire market capitalization of Facebook (NASDAQ:FB), Hewlett-Packard (NYSE:HPQ), Dell (NASDAQ:DELL), Pandora (NYSE:P) and Netflix (NASDAQ:NFLX) combined.

“We’re pleased to have generated over $23 billion in cash flow from operations during the quarter,” said Peter Oppenheimer, Apple’s CFO. “We established new all-time quarterly records for iPhone and iPad sales, significantly broadened our ecosystem, and generated Apple’s highest quarterly revenue ever.”

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