If Apple Were A Country Its Cash Reserves Alone Would Make It Richer Than Malaysia

Steve Jobs must be smiling from heaven!

By Sadho Ram | 31 Jan 2015, 10:04 AM

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Cover image via richard-rightways.blogspot.in

If you thought Apple Inc. was a big company, what happened on 28 January, made the behemoth even bigger. Steve Jobs's company managed a record USD74.6 billion in revenues between October and December 2014. That's not just a record for Apple. That's the biggest quarter any company has had in history.

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Apple now holds the record for the biggest quarter in history: USD18.04 billion in profit. For reference, that means Apple makes around USD8.3 million dollars per hour in profit (24 hours a day).

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Apple now has USD178 billion in cash. So what if Apple wanted to do something really bold with all that money?Here's a list of companies Apple could buy and still have USD20 billion left over.

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Apple has enough, in theory, to buy 480 or so of the companies in the Standard & Poor's 500. Or Lithuania, three times over.

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Lithuania is a country in Northern Europe.

And according to the US Trust, Apple has more cash in reserve than Indonesia, France. And even more than Malaysia.

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