Apple's Hoard

Lots of chatter this morning about the increasing size of the Apple (AAPL) cash hoard, at least as measured by cash and marketable securities. Here is a graph of Apple's Smaug-esque hoard's growth over the last six years (via Gridstone):

Comments

[Alan Young:]

Don't get too excited—dollars are not worth as much these days as they used to be.

Oct 20 03:42 PM

[chano:]

And this is worth posting Paul?

You are becoming truly yawn-worthy and it gives me no pleasure to tell you that.

Chandra Coomaraswamy

Oct 20 03:48 PM

[Tom B:]

If Apple is Smaug, I nominate Ballmer for Gollum.

Oct 20 09:16 PM

[Wireless Wiz:]

And the chart is wrong - you need to include long term marketable securities which are viewed as cash but only reported as "long" term because they mature beyond a year. The true figure is around $34B. With this much cash, doesn't it make sense to buy some securities due beyond a year? Of course it does.

Oct 21 11:58 AM