Apple announces how much it has in cash

According to the news on November 3, recently Apple announced the new quarter's financial report, which also announced the company's cash reserve. So, how much is Apple's cash reserve?

according to foreign media reports, apple, the world's largest company by market value, has a huge cash reserve, which has exceeded $200 billion for several consecutive quarters. However, in the fourth quarter of fiscal 2018, its cash reserve was reduced by $6.6 billion. The company currently has $237.1 billion in cash. Compared with the $243.7 billion reported in the previous quarter, cash decreased by about $6 billion in the current quarter. Nevertheless, the company with the largest cash reserves in the world still has $237.1 billion in cash.

Apple's current cash reserves are mainly divided into cash and cash equivalents and marketable securities, but most of them are marketable securities, of which cash and cash equivalents are currently $25.913 billion and marketable securities are $21.187 billion.

At a time when the global stock market is in recession, even apple, with strong performance, has failed to escape the trend of its market value falling below a trillion yuan. Today, after Apple announced its first quarter results, its share price fell sharply by $16.45 to $205.77, or 7.4% in after hours trading, and its market value once fell below $1 trillion.