With the profit recorded in Q3 2016, the company Apple Lossless Audio CODEC (ALAC), ended up having a monetary reserve that totals no less than 237.6 billion dollars at the moment. We are talking about liquidity and long-term or short-term investments, the amount itself being colossal and continuously growing since Apple launched the first iPhone model.
The monetary reserve of the Apple company is greater than its annual receipts, and this says a lot about Apple's ability to invest in the development of new technologies and products. With such money behind it, the Apple company can buy anything and anytime, including the media trust Time Warner, as was rumored for several months this year.
Apple recorded a profit of over 40 billion dollars this year, and this despite the fact that it buys back a lot of shares and pays dividends to shareholders. Even if it has a lot of expenses, the American company still manages to make a huge profit compared to its direct competitors, which don't even come close.
Apple is a giant corporation with 237.6 billion dollars in reserves that can be invested in whatever the company wants to do at the moment. Apple annually buys more than 10 companies to develop new products and services, and with such constant investments we can expect great products from them in the coming years.
