Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers.
Industry:COMP-MICRO Sector: Computer and Technology Fiscal Year End:September Last Reported Quarter:03/31/12 Next EPS Date:07/17/12
Capital Structure Solvency and Cash Flow
Balance Sheet
Exiting 1Q11, cash and cash equivalents, short-term marketable securities and long term marketable securities were $59.7 billion versus $51.0 billion in 4Q10. The company has no long-term debt. Deferred revenue, non-current ending in 1Q11 was $1.22 billion versus $1.14 billion in 4Q10.
Apple is sitting on a huge cash pile ($59.7 billion), which analysts (BGC Partners, Exane BNP Paribas) believe is not being effectively utilized by the company. The analysts believe that the company should return this cash to shareholders either through a significant stock repurchase plan, a one-time dividend, or a regular dividend.
Cash Flow
Cash flow from operations was approximately $9.77 billion versus $18.60 billion in 4Q10.
Last edited Tue Feb 08, 2011 05:30 AM by dipayanbhattacharjee (Individual Investor)
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Governance Social Responsibility and Employee Relations
