Hacker News new | ask | show | jobs
by gr2020 2691 days ago
Don't understand this comment - seems to me Apple spends a _lot_. From their Q1 financial statement, cost of sales ("buying stuff and services") is $52.3B, and R&D and admin expenses are $8.7B. I think it's fair to say $61B is a "significant" amount they're spending during the quarter...
1 comments

On top of that, they owe almost the same amount of money they have, and that's their target: cash neutral.