What does Apple’s excess of $65.8 billion in cash reserves mean in real world terms? Well, for one thing, Steve Jobs could walk into any home in the United States, peel off a few bills from his fold of walking-around money and then, merely by fluttering those bills rhythmically and speaking in a soothing tone of voice, convince even the sternest ethicist, most rigidly defined vegan or opulently well-to-do moneybags to eat his wife and children.
Or, put a less prosaic way? Apple’s stock reserves are so great that if something happened and Apple stopped selling anything at all, the company could keep going until 2018 on its savings alone.
Put even less prosaically — we swear this time — Apple’s cash is worth half of Google’s entire enterprise value. Wow. [via GigaOM]
John Brownlee is a writer for Fast Company, and a contributing writer here at CoM. He has also written for Wired, Playboy, Boing Boing, Popular Mechanics, VentureBeat, and Gizmodo. He lives in Boston with his wife and two parakeets. You can follow him here on Twitter.
17 responses to “Apple Has More Money Than God, Could Exist Solely On Cash Reserves Till 2018”
What a silly title.
Apple has more money than God? Uh yea count me out of this mess
Another irrelevant article
Tax it! Give portion of the money to teachers (and not the admins!) Those Apple employees went through the public school system, and education was a big supporter of Apple in its weaker years…
Wow Johnny, you would eat your family for a few bills? Would not have wanted to be in your shoes growing up.
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sigh………..
Another meaningless article by John Brownlee. Oh well at least the title although overly dramatic had something to do with the article and at least you didn’t screw up identifying anyone’s gender. Hey John have you ever considered selling your MacBook and investing the money towards a trade. I’m sure if you really applied yourself you’d make a wonderful village shoemaker. Give it some thought you could be the only shoemaker in Europe to manufacture the delightful and magical product iShoes.
More money than “god” not GOD, be-careful Apple God can break you apart in a split sec.
This “rigidly defined Vegan” approves! :-)
The title is of course right. I don’t know what you guys are talking about. God has no money because he isn’t real. Woz said so.