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Friday, March 26, 2010
How Much Big Tech Companies Have In The Bank
From Royal Pingdom:
Have you ever wondered how much money Google, Microsoft, Apple, IBM, Yahoo, Amazon and other tech giants have in the bank? What kind of assets do they have, how much spending money do they have? The vague answer is, “a lot.” But if you want to find out exactly how much, read on.
To answer these questions, we picked out 15 well-known tech companies and looked at two things:
* Total assets: The value of all assets of a company, including equipment, properties, offices, cash, etc. In short: “everything they own.”
* War chest: The part of a company’s assets that consists of either cash and equivalents, or short term investments that can be quickly converted to cash. In short: “spending money.”
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