Apple has once again beaten analysts’ expectations with its Q2 results out today, and correspondingly the iPhone giant now has an even stronger cash position than it did before: $110 billion in the six months ended March 31, 2012 versus $81.5 billion in the six months ended September 24, 2011.
In cash and cash equivalents the company now has over $10.1 billion; short-term marketable securities are at $18.4 billion; long-term marketable securities are at $81.6 billion. This is a rise in every segment compared to six months ago.
In that earlier period, Apple had $9.8 billion in cash and cash reserves; $16.1 billion in short-term securities and $55.6 billion in long-term securities:
Apple this past quarter announced a share buy back and dividend, its first in many years. This new, even stronger, liquidity will likely bring even more attention on the question of what Apple will/should/could do with all that money.
Update: On the call Apple reiterated it would be paying out a dividend of $2.55 per share beginnning in the September quarter.
Started by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has expanded from computers to consumer electronics over the last 30 years, officially changing their name from Apple Computer, Inc. to Apple, Inc. in January 2007. Among the key offerings from Apple’s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook Air) and desktops (iMac), servers (Xserve), Apple TV, the Mac OS X and Mac OS X Server operating systems, the iPod, the...