- The total of its assets is equal to the sum of its shareholders’ equity plus its liabilities.
- For Apple, its strong cash position is a major strength.
- Accounts receivable make up $26.28 billion.
- The company also reports $39.44 billion in the property, plant, and equipment category.
In this post
What are Apple’s major assets?
Apple total assets for the quarter ending June 30, 2022 were $336.309B, a 1.96% increase year-over-year. Apple total assets for 2021 were $351.002B, a 8.37% increase from 2020.
Compare AAPL With Other Stocks.
Apple Annual Total Assets (Millions of US $) | |
---|---|
2020 | $323,888 |
2019 | $338,516 |
2018 | $365,725 |
2017 | $375,319 |
What is Apple’s most profitable product?
iPhone
iPhone statistics
iPhone is Apple’s most valuable product and has, since 2008, been its main source of revenue. Even though Apple has diversified its product line with Watch, AirPods and services, iPhone is still responsible for 50% of its revenue.
What are Apple’s current assets?
Apple total current assets for the quarter ending June 30, 2022 were $112.292B, a 1.86% decline year-over-year. Apple total current assets for 2021 were $134.836B, a 6.18% decline from 2020. Apple total current assets for 2020 were $143.713B, a 11.73% decline from 2019.
What is Apple’s main product?
iPhones
Apple sells smartphones, personal computers, tablets, wearables and accessories, and services. iPhones are Apple’s biggest source of revenue by product, and the Americas is its largest revenue generator among its geographic regions.
How much is Apple in debt?
As of FY21 the company’s total debt sits at $287.91 billion. However, Apple’s total current liabilities for FY21 came in at $125.48 billion, meaning 43.58% of Apple’s total debt is maturing in FY22.
Why does Apple hold so much cash?
In the case of Apple, it’s investment in securities. These investments allow Apple to hedge against currency-related risks, and receive some revenue to keep up with inflation. The key question should then be: Why is Apple sitting on so much marketable securities?
What is Apple’s biggest competitor?
Samsung is founded in 1938 by Lee Byung-Chill and currently in the top 10 most valued companies in the world. Samsung is the one of the Top competitors of Apple in the Smartphones segment. Samsung is the leader in smartphone market share.
What is most profitable company in the world?
Company Profits
According to the Forbes Global 2000 published Thursday, Saudi state oil company Saudi Aramco is once again the world’s most profitable company as oil prices recovered in the second year of the coronavirus pandemic.
What is the most profitable product in the world?
#1 Jewelry
Jewelry remains one of the most popular products on the market – and selling jewelry online offers merchants a great chance to boost their profit margins. Depending on your supplier you could look to markup your prices by up to 100%, making jewelry one of the best high margin items.
Which company has the most cash on hand?
S&P 500 Companies With The Most Cash
Company | Ticker | Cash and investments ($ billions) |
---|---|---|
Apple | (AAPL) | $202.6 |
Alphabet | (GOOGL) | 169.2 |
Microsoft | (MSFT) | 132.3 |
Amazon.com | (AMZN) | 86.2 |
Is Apple financially stable?
Currently, Apple has cash reserves of $178 billion with which the company could theoretically buy 480 out of 500 S+P 500 companies. The equity ratio and the current cash reserves give the company an extremely high financial stability.
What are Apple’s tangible assets?
Apple’s average total tangible assets for the quarter that ended in Jun. 2022 was $343,486 Mil. Therefore, Apple’s annualized Return-on-Tangible-Asset for the quarter that ended in Jun.
What makes Apple different from its competitors?
Apple also own its own hardware, operating system, applications and services, all tied together rather neatly with its new Cloud architecture. There are no silos inside Apple and all decisions are made by this single executive committee. That is why everything Apple does works together so seamlessly.
What makes Apple unique?
From latest features to packaging the products, Apple does everything in a way that exhibits the company’s uniqueness. Versatility and planning sets the company apart from the rest, making its products loved and coveted by the majority of people.
What are some strengths of Apple?
Strengths
- High quality, design and performance of Apple products and services.
- Brand value of more than USD 1 trillion.
- High profit margin.
- Solid financial position of the business.
- Sophisticated supply-chain infrastructure.
How much is Tesla in debt?
As of Dec. 31, 2021, Tesla reported total liabilities of $30.5 billion. Between 2020 and 2021, the company incurred 7% more debt. A majority of this debt is due in the short-term, as Tesla had over $10 billion of accounts payable at the end of 2020—almost a 40% increase from the year prior.
How much is Netflix in debt?
Netflix’s total debt stood at $14.5 billion at the end of March. The company does have around $6 billion in cash balancing that out, but at any given time it also has billions in short-term content liabilities it must pay. Netflix paid $188 million in interest during the first quarter, which annualizes to $752 million.
How much is Google’s debt?
Alphabet long term debt for 2020 was $13.932B, a 205.93% increase from 2019.
Does Amazon have debt?
What Is Amazon.com’s Net Debt? The image below, which you can click on for greater detail, shows that at March 2022 Amazon.com had debt of US$68.1b, up from US$33.7b in one year. However, it also had US$66.4b in cash, and so its net debt is US$1.67b.
Does Apple Buy Netflix?
A 2019 article by Investopedia, however, tackled why Apple will not buy Netflix or Disney. As per CNBC, Eddy Cue, the senior vice president of software and services at Apple, noted that the company has not made huge acquisitions.