Apple Inc. (Nasdaq: AAPL) has an astounding $76-billion in cash reserves.
How much money is that?
Consider that the combined market caps of four prominent technology companies -- Nokia Corp. (NYSE: NOK), Research In Motion Limited (Nasdaq: RIMM); Motorola Mobility Holdings Inc. (NYSE: MMI) and InterDigital Inc. (NYSE: IDCC) -- amount to only a little over half of the mountain of cash Apple currently holds.
Consider that Apple’s cash reserves is bigger than any hedge fund in the world (as of January 2011, Bridgewater Associates was the world’s largest hedge fund manager, holding about $59-billion in assets).
If it was a stock mutual fund, Apple would be among the ten largest in the U.S.
Apple’s cash reserve is larger than the annual GDP of some entire countries -- including Sri Lanka, Lebanon, Dominican Republic, Ecuador, Kenya and Azerbaijan.