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Kurt Shrout  

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  • How Much Extra Cash Does Apple (Or Your Stock) Have? [View article]
    I like the Bruce Lee quote; but I am not "supposing use of cash against no sales". When making judgments on things such as how much cash and the like you need or want to keep on hand, you need to work off of a snapshot in time (e.g., quarterly reports). Also, for the cash and cash equivalents you should keep on hand, to an extent, you should pretend that things will go bloody horribly starting tomorrow or near so. Your sales may shrink greatly and/or your profit margin may turn negative. Is this going to happen to Apple soon? It is extremely unlikely; but Apple still needs to take precautions and plan ahead like any other company, and the article above is really about companies in general, with Apple used as an example.
    Mar 13, 2012. 09:22 PM | Likes Like |Link to Comment
  • How Much Extra Cash Does Apple (Or Your Stock) Have? [View article]
    I don't know for certain; but, from what I do know, there are two possibilities. (1) It has to do with the difference between how things are recognized on a cash basis versus a non-cash basis. (2) It is due to a minor accounting error(s). I often see relatively minor differences between what is reflected on the Cash Flow Statement, Balance Sheet, and/or Income Statement. This being the case, I think there is a lot of (1) and the like going on.
    Mar 13, 2012. 08:51 PM | Likes Like |Link to Comment
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