Apple Stock: What Happens When The Cash Runs Out?

TheStreet2021-12-08

Apple is about to run out of cash. This statement may sound lucrac is to most Apple stock (AAPL) investors, since the Cupertino company has been a cash-generating machine in the past many years. But ...

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精彩评论

y3o
2021-12-10
y3o
Wow
BKT
2021-12-08
BKT
Ok?
Calvinchin
2021-12-08
Calvinchin
👌🏼 yea
Nayazindagi
2021-12-08
Nayazindagi
Thanks! I regard this news as a notice that Apple share price will plunge to a reasonable level. That means buying the dip much more for me! [Cool]
- 杜向峰:
  Apple is the best
- EmilyMark:
  Waiting for Apple's stock to drop,200 seems too high
- BorisBack:
  Compared with the expensive individual stock prices of tech giants like Amazon, Tesla and Microsoft，Apple is cheap enough!
- BaronLyly:
  Multiple factors have weighed on Apple's stock price, but its potential success in areas like augmented reality and self-driving cars may have people looking forward to its future!
- 1moredrink:
  OK
Cheekyd
2021-12-08
Cheekyd
Still strong ...
- Andrewinho:
  👏👏👏
hohok
2021-12-08
hohok
Like pls

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196

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This statement may sound lucrac is to most Apple stock (AAPL) investors, since the Cupertino company has been a cash-generating machine in the past many years. But ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-what-happens-when-the-cash-runs-out\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/stock/apple-stock-what-happens-when-the-cash-runs-out","article_id":"1105817084","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105817084","pubTimestamp":1638933976,"sourceInfo":null,"weMediaInfo":null,"summary":"Apple is about to run out of cash. This statement may sound lucrac is to most Apple stock  investors, since the Cupertino company has been a cash-generating machine in the past many years. But even the management team knows this to be true.Today, the Apple Maven talks about what has been happening to the iPhone maker’s once giant pile of cash, and what the declining balances may mean for shareholders.To be fair, “running out of cash” in this context does not mean that Apple’s checking accounts a","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果股票：当现金耗尽时会发生什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Apple is about to run out of cash. This statement may sound lucrac is to most Apple stock (AAPL) investors, since the Cupertino company has been a cash-generating machine in the past many years. But even the management team knows this to be true.\nToday, the Apple Maven talks about what has been happening to the iPhone maker’s once giant pile of cash, and what the declining balances may mean for shareholders.\nApple heading to net cash neutral\nTo be fair, “running out of cash” in this context does not mean that Apple’s checking accounts at the bank will dry out. It simply means that the company’s debt balances will roughly offset its cash position — i.e. Apple will become net cash neutral.\nThe chart below shows the evolution of Apple’s gross cash (blue bars) and net cash (orange bars) balances since 2011. Ten years ago was when then-CEO Steve Jobs stepped down and turned the control of the company over to then-COO Tim Cook.\nFigure 2:Apple's cash position, fiscal 2012-2021.data from Seeking Alpha\nStarting in 2012, Apple began issuing debt for the first time in its history. 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This is true not only because of a leaner balance sheet, but because AAPL stock trades at a much richer price today — thus, it costs Apple more to buy back each share of its own equity.\nWhy is this relevant for investors? Over the past decade, Apple’s shares outstanding have declined by 10 billion units to 16.7 billion. Share count is the denominator in EPS (earnings per share) and EPS is the denominator in price-to-earnings. Therefore, buybacks alone have probably been responsible for a good chunk of Apple stock’s climb in the past several years.\nAt the current stock price of $165 apiece, Apple can afford to retire around 435 million more shares with its current net cash balance, or barely 3% of the float. After that point, the Cupertino company might need to scale back on repurchases or borrow in order to keep buying its stock.\nShould investors worry?\nI think that Apple stock could suffer, at least from deteriorated investor sentiment, if or once it begins to slow down the pace of its share buyback efforts. However, I also believe that this is only one aspect of the investment thesis that people should consider.\nI remain optimistic about Apple stock from a business fundamentals perspective. The Cupertino company seems to have found the sweet spot in demand for its products and services, which I believe bodes very well for AAPL in the foreseeable future.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":605948533,"gmtCreate":1639105636959,"gmtModify":1639106416792,"author":{"id":"4100579111105400","authorId":"4100579111105400","name":"y3o","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605948533","repostId":1105817084,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":602191871,"gmtCreate":1638978425290,"gmtModify":1638978425290,"author":{"id":"3570853427202414","authorId":"3570853427202414","name":"BKT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok?","listText":"Ok?","text":"Ok?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602191871","repostId":1105817084,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":602395126,"gmtCreate":1638969177087,"gmtModify":1638969177500,"author":{"id":"3576278607547570","authorId":"3576278607547570","name":"Calvinchin","avatar":"https://static.tigerbbs.com/f9656b958bb6c4643873a171eebbbc8f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"👌🏼 yea&nbsp;","listText":"👌🏼 yea&nbsp;","text":"👌🏼 yea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602395126","repostId":1105817084,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":602973376,"gmtCreate":1638965186718,"gmtModify":1638965186718,"author":{"id":"4099402595795420","authorId":"4099402595795420","name":"Nayazindagi","avatar":"https://static.tigerbbs.com/491906a0e23ae13ce2be00cf4d568603","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Thanks! I regard this news as a notice that Apple share price will plunge to a reasonable level. That means buying the dip much more for me!&nbsp;[Cool]&nbsp;","listText":"Thanks! I regard this news as a notice that Apple share price will plunge to a reasonable level. That means buying the dip much more for me!&nbsp;[Cool]&nbsp;","text":"Thanks! I regard this news as a notice that Apple share price will plunge to a reasonable level. That means buying the dip much more for me! [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/602973376","repostId":1105817084,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6913415,"gmtCreate":1639051242570,"gmtModify":1639051242570,"authorId":3479274708638467,"author":{"id":3479274708638467,"authorId":3479274708638467,"name":"杜向峰","avatar":"https://static.laohu8.com/picture38","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602973376,"type":1,"supId":0,"prevId":0,"content":"Apple is the  best","text":"Apple is the  best","html":"Apple is the  best"},{"id":6899114,"gmtCreate":1638966429311,"gmtModify":1638966429311,"authorId":9000000000000600,"author":{"id":9000000000000600,"authorId":9000000000000600,"name":"EmilyMark","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602973376,"type":1,"supId":0,"prevId":0,"content":"Waiting for Apple's stock to drop,200 seems too high","text":"Waiting for Apple's stock to drop,200 seems too high","html":"Waiting for Apple's stock to drop,200 seems too high"},{"id":6899093,"gmtCreate":1638966315998,"gmtModify":1638966315998,"authorId":9000000000000671,"author":{"id":9000000000000671,"authorId":9000000000000671,"name":"BorisBack","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602973376,"type":1,"supId":0,"prevId":0,"content":"Compared with the expensive individual stock prices of tech giants like Amazon, Tesla and Microsoft，Apple is cheap enough!","text":"Compared with the expensive individual stock prices of tech giants like Amazon, Tesla and Microsoft，Apple is cheap enough!","html":"Compared with the expensive individual stock prices of tech giants like Amazon, Tesla and Microsoft，Apple is cheap enough!"},{"id":6899061,"gmtCreate":1638966142755,"gmtModify":1638966142755,"authorId":9000000000000695,"author":{"id":9000000000000695,"authorId":9000000000000695,"name":"BaronLyly","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602973376,"type":1,"supId":0,"prevId":0,"content":"Multiple factors have weighed on Apple's stock price, but its potential success in areas like augmented reality and self-driving cars may have people looking forward to its future!","text":"Multiple factors have weighed on Apple's stock price, but its potential success in areas like augmented reality and self-driving cars may have people looking forward to its future!","html":"Multiple factors have weighed on Apple's stock price, but its potential success in areas like augmented reality and self-driving cars may have people looking forward to its future!"},{"id":6898952,"gmtCreate":1638965628169,"gmtModify":1638965628169,"authorId":3479274699989262,"author":{"id":3479274699989262,"authorId":3479274699989262,"name":"1moredrink","avatar":"https://static.laohu8.com/picture28","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602973376,"type":1,"supId":0,"prevId":0,"content":"OK","text":"OK","html":"OK"}],"langContent":"CN"},{"id":602966440,"gmtCreate":1638958784232,"gmtModify":1638958784434,"author":{"id":"4100179725007900","authorId":"4100179725007900","name":"Cheekyd","avatar":"https://static.tigerbbs.com/05e7c6e8bcef8bb9fade899aca08288b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Still strong ...&nbsp;","listText":"Still strong ...&nbsp;","text":"Still strong ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602966440","repostId":1105817084,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6906900,"gmtCreate":1639011924941,"gmtModify":1639011924974,"authorId":3581563418944392,"author":{"id":3581563418944392,"authorId":3581563418944392,"name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":602966440,"type":1,"supId":0,"prevId":0,"content":"👏👏👏","text":"👏👏👏","html":"👏👏👏"}],"langContent":"CN"},{"id":602969310,"gmtCreate":1638958144739,"gmtModify":1638958235014,"author":{"id":"3581844295426037","authorId":"3581844295426037","name":"hohok","avatar":"https://static.tigerbbs.com/b9ae72338572431c58f911b40ae0f930","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602969310","repostId":1105817084,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":196,"commentSize":0,"repostSize":0,"favoriteSize":7,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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