Apple is sitting on so much money in cash reserves...

in hive-193084 •  last month  (edited)

...that they could at the current prices buy the whole Bitcoin's circulating supply and still have over 30 billion dollars in cash left to spend! That's pretty mind-blowing if you ask me.

Apple cash reserves:


image.png
https://dazeinfo.com/2019/09/26/apple-cash-reserve-by-quarter-graphfarm/

Bitcoin's market cap:


image.pnghttps://www.coingecko.com/en/coins/bitcoin

It's not just Apple though.

Alphabet, Amazon, Microsoft and the list goes on. All of these companies have so much cash that it's getting really unbelievable. When will they finally go on a shopping spree?

See you soon.

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I just hope they don't buy the whole world.

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