Interestingly, it’s come to the attention of GigaOM that, with Apple’s $65.8 billion stockpile, they could survive sales-free for 7 years and still sustain the company. Check out the chart just below!
Asymco’s Horace Dediu decided to take a look at these numbers to put things in perspective, and came out with some interesting facts about Apple’s current cash. For instance, if Apple’s revenue stopped completely, its cash would keep operations going for at least 7 years until mid-2018 — that is, if Apple suddenly stopped generating any kind of revenue.
If you consider, though, that Apple will keep selling millions of products in the next months, and that the cash pile will continue growing bigger, you get an idea of how cash allows the company to invest in pre-payment deals, or research & development for new breakthrough devices like the iPad.
Other interesting tidbits include that the fund is also large enough to place Apple’s CFO office in the top 100 largest fund managers in the world, and significantly larger than any hedge fund manager…ever.
Other tidbits from Asymco’s research:
Apple’s cash is worth half of Google’s enterprise value. And, it’s unlikely that they’ll stop doing what they’re doing for a very long time, especially with the success of the iPad 2, and new iPhones and iMacs on the way in the near future.