TECH

Apple's Cash Hoard Is $147 Billion - More Than The GDP Of Most Countries

02/10/2013 11:48
Getty

Apple is rich. Really, really rich.

So rich in fact they have 10% of all corporate cash held by US non-financial companies - $147 billion (£90.86 billion).

Let's put that in perspective. If Apple were a country its cash reserves alone would make it 58th biggest economy in the world - richer than Vietnam.

If we add the company's assets and brand value then it would jump to 28th place.

Apple's rise has been astronomical. In 2000 it had a brand value of $6.6 billion which in just 13 years has increased by 15 times.

That's not to say the rest of the US business world is doing too badly - Microsoft are in second place followed by Google, Cisco and Pfizer.

The 14th annual Interbrand 'Best Global Brands' study found that Apple's brand alone was worth $98.3 billion - or just over £60 billion.

Here's a look at the other top 10 brands on that list:

  • 10 Toyota
    Getty Images
    Value: $35 billion (+17%)
  • 9 Intel
    Getty Images
    Value: $37 billion (-5%)
  • 8 Samsung
    Getty Images
    Value: $39 billion (+20%)
  • 7 McDonald's
    Getty Images
    Value: $41 billion (+5%)
  • 6 General Electric
    AP
    Value: $46 billion (+7%)
  • 5 Microsoft
    AP
    Value: $59 billion (+3%)
  • 4 IBM
    AP
    Value: $78 billion (+4%)
  • 3 Coca-Cola
    Getty Images
    Value: $79 billion (+2%)
  • 2 Google
    PA
    Value: $93 billion (+34%)
  • 1 Apple
    AP
    Value: $98 billion (+28%)
Suggest a correction
Comments

CONVERSATIONS