During the 2Q 2011 Apple Results Call last Wednesday, we listened with rapt attention as the number for "Cash and Cash Equivalents" figure was announced. The number, as you may recall, was US$65.8 Billion. One question that many of us always ask is "What could Apple do with that money?"
Asymco analyst Horace Dediu always provides fascinating insights, and in a post yesterday he not only did a breakdown of the sources of that cash, but did some comparisons just to show how huge the cash stash is. The pile of simoleons is made of "only" $15 Billion in cash, about $14 Billion in short-term marketable securities, and the rest -- about $37 Billion -- in long-term marketable securities.
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