Do you have a source? Because 40 billion is the number I've seen quoted most oft...

vetinari · on April 23, 2010

Apple's Balance sheet:

or

(click on Balance Sheet tab, cannot link directly).

The figures I quoted were for 2009/12. There are now for 2010/03, with cash & equivalent 10 bil and current assets 32 bil.

Total assets are 57 bil, current liabilities 12, total liabilities 17. Equity is 39.3 bil, but equity is not the same as "cash in the bank".

Apple is well-managed company on the financial side, but let's not get ahead of ourselves and apply reality distortion field to business side too.