a few days ago, Apple announced the new quarter's financial report, which also announced the company's cash reserves. Then, how much did Apple announce its cash reserves? The more cash reserves, the better?
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.
Even apple, which has strong performance, has not been able to escape the trend of its market value falling below trillion even when the global stock market is in recession. 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.