In the list of largest corporations in S&P 500, Apple has not the large cash reserves into which the cash and short-term marketable securities, according to FactSet Research. At the end of the previous quarter, at the disposal of the iPhone maker was $ 32.4 billion. For this indicator, Apple ahead of Microsoft, General Electric and Google.
Microsoft takes the top spot with $ 90.25 billion. In FactSet report does not include long-term securities, and the corresponding investment from Apple, for example, are estimated at $ 145.5 billion.
Clarify that liquid securities accepted to equities, government bonds, certificates of deposit and other securities that can be converted into cash. Considered short-term securities that can be converted into cash within a year.
If you look at the dynamics of growth in the cache Apple last quarter, it is clear that most of the money was received outside the United States. The cash raised from $ 137 billion, mainly due to the surge in sales of the iPhone in China.
In the US, Apple holds quite a bit of money - about $ 20 billion, that is a little more than 10%.This is the minimum figure for 4 years. However, this money can be used for various corporate actions, including share buybacks and dividends.
Technology companies occupy half of the top ten list of S & P 500, sorted by cash reserves.Besides those already mentioned companies Apple, Microsoft, Google and Cisco, the top five includes Oracle. Their total "Cash" is $ 284 billion. Total Members list S & P 500 have a record cash holdings $ 1.43 trillion. The previous record of $ 1.41 trillion was recorded in the IV quarter of 2013.