Graph made using Sankeymatic https://sankeymatic.com/build/ and Data from US Foods and Sysco Invoice Statements

Funneling $90 billion into market liquidity makes bankers and institutional investors happy. It certainly seems like a company with the resources of apple and 90 billion in “excess cash” could invest in R&D, reinvent the wheel, or any number of world changing alternatives. Throwing the money back to the stock market is a lack of creativity.

Source data: http://data.uis.unesco.org/

Statistical data: varies by country, from 2018 to 2021

Statistical adjustment: i used the average of the last 2 years data for each country, because i have seen that the number of teachers can vary easily 10% from one year to another, sometimes up and sometimes down. I filtered countries with more than 1 million inhabitants.

Software: LibreOffice Calc.

[removed]

That's what I'm wondering

Here’s some examples of large pension funds for US, Canada, and Norway that own Apple shares:

https://www.barrons.com/amp/articles/apple-stock-intel-microsoft-ge-51668119548

https://www.barrons.com/amp/articles/apple-stock-tesla-evs-nio-xpeng-li-auto-51669927451

https://finance.yahoo.com/amphtml/news/norway-massive-pension-fund-loses-213122070.html

I’m guessing English isn’t your first language.

Correct. And some companies have so much cash they put some in longer term investments - for example, a non liquid bond. If you don’t plan to sell, that shows up in long term assets. Was the case when Apple has hundreds of billions for example

They are non cash expenses from the income statement. So when doing a true cash to cash walk you add these expenses back. The loss in value is reflected in the asset section of the balance sheet.

Makes sense, sounds like looking at just cash is pretty much useless

Can someone explain how depreciation and amortization yielded a positive flow? I know depreciation to be the loss of asset value and amortization to be repayment of debt. Just not sure how that category generated money in.

That’s not what I meant. Sorry. Obviously that would work - but in the end, it’s a market for labor. I am for minimum wage $25 plus inflation - but that wouldn’t change this as nobody at Apple makes that little (well, maybe some janitors, but not enough to change this picture). Companies will be profit/cash flow maximizing under the rules allowed. A cash machine like Apple will always generate more cash than they can reasonably invest in new businesses

from "sources" comment below:

Missing persons and 'rural-urban' metrics: note that missing persons t-test indicates that data fluctuations are probably "random" in character. (t-test = 0.96)
The large difference of 'rural-urban' means (> 1 SD) for Rep and Dem states indicate that Rep and Dem states are different Sample populations. (un-reported t-test = 0.000126)

more about the t-test:
https://en.wikipedia.org/wiki/Student%27s_t-test

It isn't an npc. Listen to what the people are saying. All the wealth created is made by people at the bottom. Richasshokes would have no money at all if the people at the bottom worked in low wage positions. Real material value is done through labor, not moving money around on screens... This whole system is setup so people like you think you are creating more value than the actual labor of people creating the product or providing their service.

I work with entrepreneurs on a daily basis, and I know just how egotistical and how they live in a non-reality environment.

They think everything they do is all the work needed and they fail unless they hire other experts to take parts of the business over. Businesses are all collaborative efforts, and should be treated like meritcracy. And to say one person deserve 400times more than the actual workers is the most shittiest propganda to fall a victim to.

Material wealth is built on materials and labor, everything else is parsetic and gambling.

Things haven't bean this bad in terms of inequality since... Ever. Even the guided age had better equality. We are at a point where the greedy have fallen vicitem to their own propganda, and don't realize how better the world would be without the 1% and the dick suckers who promote them.

Another “America bad” Reddit npc. So close to making an actual thought before devolving back into braindead takes. China owns and/or funds the DRC cobalt mines. It’s a China problem

I did. You’re rattling off le reddit npc phrases like living wages while discussing a class of individuals who make more out of college than you will in your 40s. They don’t need you to fellate them

Lmfao... Just try and prove that dumbass statement Of yours.

You're not wrong but the issue is that the rising price is not sustainable, ie short term. This is because the company no longer wants or needs to retain all that money to grow the business. Over time, the market starts discounting that factor and the buy back gain that you had unrealized, no longer exists. Meaning, you lost out on your dividends. If you take an active role in your personal investments or if you've given your money to some sleazy fund, they'll make sure you're out before the market is. 401k's usually lag behind. I'm not saying you won't be profitable at all, you just lose out on that 'extra profitability'.

Isn’t Apple trying to take production out of China though? And isn’t most of the oppressed labor happening in places like Congo where China is operating operating some 90% of the mines extracting materials to build smartphones? Cuz if so that sounds more like an Apple/US Problem in development, once again exploiting Africa to do so.

Anything they plan to sell (rather than hold for the longer term). So think so. Point is that it’s liquid almost like cash and in financial analysis you always look at “cash and marketable securities”

What's the color scale on this? Can you repost with a color bar?

Does marketable securities include short term T-bills?

[removed]

Not sure I agree that 401ks are really getting screwed over here. Your standard 401k with some ETFs holding apple stock get more valuable as a result of buybacks. That means more money in the hands of say a retiree pulling money out of their 401k.

The person selling their shares to apple is not the only one benefiting, it's also every other shareholder who now owns shares that are higher in demand and thus are worth more money.