The Apple company has a monetary reserve of 112 billion dollars and if history tells us anything, then tomorrow we should find out that this amount has increased by approximately 5-6 billion dollars. You are probably wondering how Apple managed to collect so much money in its accounts. Well, it seems that Apple knows how to negotiate its contracts very well and one of the key points is the payments to its partners. Apple is, on average, paid by customers 18 days after the purchase of a product, but the company pays its partners no less than 83 days after an amount of money is invoiced.
This very large distance between the moment when the money enters the company and leaves for the suppliers allows those from Apple to manage much better the financing of urgent matters and not only that. Apple is of course one of the few important companies that pays its partners so late, the WSJ claiming that others do it much faster from the moment they are invoiced.
