The cash held by Apple

Apple the computing pioneer has an incredible balance sheet.

[http://files.shareholder.com/downloads/AAPL/485763627x0x789040/ED3853DA-2E3F-448D-ADB4-34816C375F5D/2014_Form_10_K_As_Filed.PDF]

Looking at the 2014 annual report, on page 24 one can see the cash holds:

$155,239 million = $155.2 billion

Today that figure is actually $178 billion = £114 Billion.

That is approximately the about the same as how much the UK Government borrows each financial year to finance the budget deficit.

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