• Wednesday, 22 November 2017

Apple Co. Leads Cash List

tekno, Apple, tech bubble, Microsoft

Through income calculation done last week known that the biggest technology company in United States, Apple, have benefited almost doubled from the profits of the Microsoft. From the survey result obtained that Apple, Amazon, Alphabet, and Microsoft starred as the top income companies on the third quarter.

To find companies with the biggest cash stockpile regarding tech bubble, ratio of cash, short-term investments, and long-term investments compared to companies’ total assets. Only companies with at least 100 million dollars total cash supply and having short-term investments at the end of the quarter being able to compete with 25% minimum ratio.

Companies with this requirement will be at a strong cash position. As a result, this group will increased security level compared to other companies from the same sector. These companies may also have benefit from a fall by using their cash to scoop technology and assets owned by other less fortunate companies.

Apple currently on the top spot with 205.5 billion dollar worth of total cash, short-term investment and long-term investment. It is almost doubled the Microsoft’s fortune who stays in the second spot with 107,9 billion dollars. Holding companies and the conglomerates formed by Google named Alphabet was in third spot with 67.4 billion dollars worth. Next places occupied by Cisco, Oracle, Yahoo!, Qualcomm, EMC, eBay, and Facebook enliven this top cash list. It is concluded that Apple still dominates technology world in terms of cash supplies.

Grace Eldora

Grace Eldora Sinaga is a journalistic practitioner, graduated from Faculty of Communication Study Majoring Journalism, Unpad. She loves to learn Asian cultures and photography. She can be contacted at gracel@buminawa.com or twitter @glaceldo.