Monday, March 5, 2012

Breakdown of APPLE's billions of cash


Apple is one of the most valuable companies in the world. It is worth over $400 billion and recently it had a record profit of more than $13.6 billion
Tim Cook alone made $378 million last year

Apple brought in 4 times more profit than Walmart which is the world largest retailer, while spending 3 times less on operation.

Apple could easily write $6500000 checks to each of its employees before exhausting its fortune. Thats a lot of money!!!

Apple could also payoff the public debt of 8 European Union countries.


Apple has $97.7 billion in cash reserves and 2/3 of that reserve is stored offshore. The corporate tax  on that  is enough to buy an 
iPad for every person in Canada and Greece

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