As of the most recent quarter, the company has $146.6 billion in cash, short term and long term securities. It generated $7.8 billion in cash from operations last quarter, which is normally its weakest quarter of the year.
Apple is already giving away much of its cash through dividends and buybacks, which is kinda boring when you get right down to it.
What would be a more interesting use of the cash? We've run through some ideas here.
Apple has ~41,000 retail employees around the world. It could give those each one of those hard working people a one time bonus of $3.5 million.
It could buy an iPad Mini for every single citizen of the United States.
Everyone says Apple needs to be more social. It could be instantly social if it bought Facebook ($63 billion), Twitter ($20 billion takeout?), and LinkedIn ($21 billion).
Reuters
Apple could buy Amazon, which has a market cap of $136 billion. Why buy Amazon? For fun.
Associated Press
It could buy HP ($50 billion) and Dell ($24 billion) and shut them down just to have more of the PC market for itself.
Apple wants to disrupt TV, right? So buy the big TV show makers: Time Warner ($58 billion), CBS ($32 billion), Twenty First Century Fox ($30 billion).
Kevork Djansezian/Getty Images
Actually, Apple's not really interested in content creation. It should just buy Comcast ($118 billion market cap). Then it can improve Comcast's software and deliver an awesome cable experience.
AP
It could buy 4 Big Macs for every single person in the world!
Jay was the executive editor of Business Insider. He oversaw day-to-day coverage on the site. He started as an intern at Business Insider in 2007. Before becoming executive editor he was running SAI, the technology section of the site.He has a degree from the University of Delaware in economics and a master's in journalism from NYU.