It is likely Apple will report more than a quarter of a trillion dollars in cash and investments on its balance sheet for the first time ever. Apple's cash, if it were its own company, would be the 12th largest firm in the S&P 500. And Apple's cash is worth only slightly less than all of GE. By the way, Apple's cash is worth more than three times Time Warner's market value.) $250 billion in cash is about 10 times the market value of Snapchat parent Snap (SNAP).
Source: CNN May 01, 2017 17:02 UTC