Apple now has 246.09 billion dollars in the bank. What are you doing with your life?

Apple now has 246.09 billion dollars in the bank. What are you doing with your life?
Apple has so much money now, it's basically the Pablo Escobar of consumer eletronics. The iPhone maker closed the first quarter of 2017 with a $246.09 billion cash reserve, up $8.49 billion from a year ago.

We wish we knew how this much money looked like in real life so we could laugh at the ridiculousness of it all, but then again, having these stacks on hand is no laughing matter. It may seem like unlimited money, but Apple still can't afford to buy Microsoft at its $500 billion market value. Still, it can, theoretically, buy Sri Lanka.

Of course, Apple is cautious about acquisitions and other big spending, as bringing billions of dollars to the US from foreign banks can be quite the tax hit. This could change if president Trump and the Congress follow up on their intent to change the rules for repatriation, which CEO Tim Cook said would be "good for the country and Apple." You don't say!

So, yeah, Apple made this much money selling phones, with some tablets, computers, and music players on the side. What are you doing with your life? Oh, you started a drop-shipping business on Amazon selling China-import scuba gear in season colors? Great, good for you...

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source: CNBC

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42 Comments

1. trojan_horse

Posts: 5868; Member since: May 06, 2016

"Apple now has 246.09 billion dollarsin the bank. What are you doing with your life?" I don't give a f**k about Apple's money. My life is private.

7. Unordinary unregistered

So you comment, cus you clearly give zero f**ks.... LMAO

17. trojan_horse

Posts: 5868; Member since: May 06, 2016

Are you implying that because I commented, it means that i care? I commented to address the question: "what are you doing with your life". A non-Apple fan won't care about Apple's money. You lack logic, as usual.

32. diggie32

Posts: 388; Member since: Apr 03, 2016

Nice Mario Kart 8 logo avatar

12. adi90

Posts: 554; Member since: Dec 21, 2015

Generally I have seen people taking pride for corporations of the home country. But it is strange to see US citizens hating apple so much. Or maybe I am confused about most of the people on phonearena for being american.

44. mafijoco

Posts: 10; Member since: Sep 26, 2013

Because they hardly pay taxes almost scamming common ppl

2. SleeperOne

Posts: 370; Member since: Feb 25, 2017

Caring about how rich Apple is is like giving a s**t about whatever happens in the Kardashian household. You have absolutely nothing interesting to share with us.

3. SleeperOne

Posts: 370; Member since: Feb 25, 2017

Also that last bit: "So, yeah, Apple made this much money selling phones, with some tablets, computers, and music players on the side. What are you doing with your life? Oh, you started a drop-shipping business on Amazon selling China-import scuba gear in season colors? Great, good for you..." Good to know Luis D. credits himself as a funny individual, since nobody else ever could, or ever will.

33. diggie32

Posts: 388; Member since: Apr 03, 2016

Butthurt dropshipper?

4. parasshah100

Posts: 70; Member since: Jan 01, 2016

Are you taking pride in Apple's money? How absurd is that, Let me remind you... Its NOT YOUR MONEY, its Apple's! If you work at Apple, awesome for you, if you have stock at Apple, great. But if you tell you feel great by making apple richer by 700 usd every year, I feel sorry for you. True Sheep.

5. trojan_horse

Posts: 5868; Member since: May 06, 2016

"But if you tell you feel great by making apple richer by 700 usd every year, I feel sorry for you. True Sheep." Yea, asking us what we're doing with our lives because Apple now has 249 billion in the bank... If that isn't classic fanboyism, then I wonder what it is!

6. Supah

Posts: 692; Member since: Mar 08, 2017

Hey Luis, don't forget that you only write for PA LOL

10. luis.d

Posts: 354; Member since: Dec 04, 2013

Not remotely true. I also write awkward Tinder openers!

13. Supah

Posts: 692; Member since: Mar 08, 2017

That's great! Keep up the good work!

8. Sakeem

Posts: 862; Member since: Sep 05, 2012

Hmmm.....let's see....Husband, father, son, friend, professional, no where near a billionaire but not living check to check either thankfully. I'd say what I'm doing with my life is pretty sweet.

9. BLUEBLASTER

Posts: 941; Member since: Feb 23, 2014

"What are you doing with your life?" Reading pointless articles like this one?

11. k9luvr

Posts: 122; Member since: Oct 17, 2016

"This could change if president Trump and the Congress follow up on their intent to change the rules for repatriation, which CEO Tim Cook said would be "good for the country and Apple." Yeah I'm sure it's going to make you and I rich. I just can't wait.

14. htcisthebest

Posts: 437; Member since: Nov 15, 2011

They won't do much with that money, except for reaping customers even more. They even underpay their engineers compared to major competitors.

15. jeroome86

Posts: 2314; Member since: Apr 12, 2012

Oh no. Why PA ?

16. razmahtaz001

Posts: 501; Member since: May 11, 2013

except for not having many luxury cars and a big mansion of a home, im doing great ;o)...im not struggling paycheck to paycheck. who said you need to have a billion dollars to be happy? i guess its ok that you're full of joy for apple having billions of dollars LOL there are many billionaire individuals and corporations that are investing in helping the world for the homeless, medicine, science, and space exploration...what is apple doing...hiding their cash stash LOL

18. darkkjedii

Posts: 31303; Member since: Feb 05, 2011

Dayummmmm Apple! Can a brotha get a couple bucks???

19. razmahtaz001

Posts: 501; Member since: May 11, 2013

darkkjedii>>> dont ask for donations bro...they might take u to court LOL

20. darkkjedii

Posts: 31303; Member since: Feb 05, 2011

Right...Apple don't play about its money.

21. Mxyzptlk unregistered

Right? Throw me a million or two lol.

23. darkkjedii

Posts: 31303; Member since: Feb 05, 2011

@Mxy. I wonder how it feels to have 246 billion dollars at your disposal. I mean, goodness gracious man.

24. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

@darkkjedii ask the the stocks guy who sold 80% of his stocks and wants Apple to die quickly XD. I want to here more of his funny stories.

25. darkkjedii

Posts: 31303; Member since: Feb 05, 2011

LMAOOOOO! For some reason, I don't think he's sharing lol. ;)

26. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

After he got roasted, he will disappear for a long time and his legend will be forever remembered.

27. darkkjedii

Posts: 31303; Member since: Feb 05, 2011

He'll retire to his private island, all those iPhone sales bought him.

28. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

LMAOOOO xD

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