Facebook Profit Jumps 71% Year-over-Year

Re:Facebook Profit Jumps 71% Year-over-Year by sillysaurus3 on Wednesday July 26, 2017 @05:56PM (#14860728)

Thank you!

Out of curiosity, how did you put together that list? Googling seems to only bring up second-hand lists like https://thenextweb.com/insider/2011/08/22/big-money-the-comp... but I think I'm using the wrong terms.

(That's an interesting list too -- for comparison, Apple apparently had $76.2B in 2011.)

[ Parent | on HN ]

Re:Facebook Profit Jumps 71% Year-over-Year by adventured on Wednesday July 26, 2017 @06:25PM (#14860941)

I put most of it together off the top of my head, from knowing a bunch of the companies that were cash rich, then checked on a few I suspected were (like Samsung), and then finally cross checked a few lists for any stragglers I missed (eg Amgen). I dug through some of China's companies (eg BABA or CHL), but didn't run across any offhand that made the list (their banks obviously do as with US banks).

[ Parent | on HN ]

Re:Facebook Profit Jumps 71% Year-over-Year by protomyth on Wednesday July 26, 2017 @06:10PM (#14860836)

Apple is also running up quite the debt (over $100B) in the US so the overall figure is actually lower.

http://www.barrons.com/articles/apple-plans-to-sell-lots-of-...

[ Parent | on HN ]

Re:Facebook Profit Jumps 71% Year-over-Year by seanmcdirmid on Wednesday July 26, 2017 @07:41PM (#14861390)

They do that because interest rates are low and much of their cash hasn't been repatriated (taxed) to the USA.

[ Parent | on HN ]

Re:Facebook Profit Jumps 71% Year-over-Year by protomyth on Thursday July 27, 2017 @05:18PM (#14869671)

Yes, but that doesn't really change the fact that their money in the bank needs to be considered partially encumbered.

[ Parent | on HN ]