Tech

Apple now has $205.9 billion in cash on hand, down 2.2% from previous quarter

Key Points
  • Apple disclosed its cash on hand in its fiscal fourth-quarter earnings report on Wednesday.
  • The company reported it has $205.9 billion in cash on hand, compared to $210.6 billion the previous quarter.
  • The company is spending heavily on original content for Apple TV+ and other investments.

Apple now has $205.9 billion cash on hand, according to the company's fiscal fourth-quarter 2019 earnings report released on Wednesday.

That's 2.2% less than last quarter, when it reported a cash pile of $210.6. Apple continues to host one of the largest cash piles of any U.S. company.

The company is spending heavily to expand its offering of original content on the Apple TV+ streaming service and paying dividends to shareholders.

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