Apple has massive cash reserves.
http://www.apple.com
The figures are incredible.
https://www.apple.com/newsroom/pdfs/Q2FY17ConsolidatedFinancialStatements.pdf
The Balance Sheet is revealing:-
Current assets:
Cash and cash equivalents $15,157,000,000
Short-term marketable securities $51,944,000,000
Accounts receivable, less an allowance of $53 at each period end 11,579,000,000
Inventories $2,910,000,000
Vendor non-trade receivables $9,033,000,000
Other current assets $11,367,000,000
Total current assets $101,990,000,000
Long-term marketable securities $189,740,000,000
Property, plant and equipment, net $27,163,000,000
Goodwill $5,473,000,000
Acquired intangible assets, net $2,617,000,000
Other non-current assets $7,549,000,000
Total assets $ 334,532,000,000
It holds over $15 Billion in cash or close to cash assets such as T-Bills
It holds $51 Billion in short term securities, such as 3 Month T-Bills or Asset Back Commercial Paper that matures in 3 months
It holds inventory (iPads, iPhones) worth $2.9 Billion
It holds long term assets such as Bonds and other financial instruments of $189 Billion
So the financial assets are $15bn + $51bn + $189bn. = BIG MONEY = $255bn
