So far one of the most interesting items to come out of earnings season on Wall Street so far, is the amount of free cash each tech company has, that is cash over debt.
So which high tech company has the most cash on hand?
It may surprise you to see its not Google or Microsoft.
Its not Intel or Cisco.
It’s Apple.
According to its most recent financial report, Apple’s cash hoard ballooned to nearly $25 billion, leaving it with more cash than any other debt-free technology company. (That’s more than Microsoft, Intel, or Google .
Cisco has more than $26 billion in cash, but it also has about $7 billion in debt.
Hey maybe I should hang on to those Apple stocks!
Interesting post – Apple has the most cash so the project Iphone is a Success – Nice One
Tech fatality this morning
Sweet.
Having all this cash is great… I wonder where they are going to be investing some in this hard times. Tons of opportunities:)