This article is more than 14 years old. See today’s top stories here.

Apple's Form 10-K Reveals Over $80 Billion In Cash

This Is How Much Money Apple Has

On Wednesday, Apple disclosed to the SEC as part of their Form 10-K filing, that they currently have $81,570,000,000 in cash, 13.2 million square feet of building space, and 60,400 full-time employees.

"This means that Apple pulled in $37.5 billion in cash profits in fiscal 2011. Not bad for a company that ‘missed’ industry estimates."writes The Next Web.

During Apple's earnings call in October, Tim Cook waved off Apple's mountains of cash, saying they weren't "burning a hole in our pocket" reports MacRumors. He went on to emphasize that Apple was in no rush to decide what to do with the money, and that he was not "religious about holding or not holding cash." Apple's CFO said that 66 percent of the cash was kept overseas for tax reasons.

But $81.5 billion is a lot of cash no matter where you keep it. In fact, it's more cash than the U.S. government has. In their last Form Q-10 filing in July, Apple reported that they had over $75 billion in cash, whereas the government had less than $74 billion, according to the Financial Post.

20 Years OfFreeJournalism
Your Support Fuels Our Mission
Your Support Fuels Our Mission

For two decades, HuffPost has been fearless, unflinching, and relentless in pursuit of the truth. Support our mission to keep us around for the next 20 — we can't do this without you.

We remain committed to providing you with the unflinching, fact-based journalism everyone deserves.

Thank you again for your support along the way. We’re truly grateful for readers like you! Your initial support helped get us here and bolstered our newsroom, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you will join us once again.

We remain committed to providing you with the unflinching, fact-based journalism everyone deserves.

Thank you again for your support along the way. We’re truly grateful for readers like you! Your initial support helped get us here and bolstered our newsroom, which kept us strong during uncertain times. Now as we continue, we need your help more than ever. We hope you will join us once again.

Support HuffPost

While Apple may be a notorious cash hoarder, despite what Tim Cook says, it's not as though Apple has millions of dollars lying around like a scene in "Scarface." According to the 10-K report, that $81.5 billion is made up of "cash, cash equivalents and marketable securities." This means that only some of it is in cash, and the rest is in either short or long-term investments.

But what if they did have it in cash? What could Apple do with that $81.5 billion? They could pay for the U.S. to gather intelligence for one year, or fund the National Cancer Institute for almost sixteen years, or send over four-hundred thousand people to space.

Close

MORE IN Tech

MORE IN LIFE