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A comment on Apple surpasses Saudi Aramco to become the most valuable company. Parent comment

Re:Apple surpasses Saudi Aramco to become the most valuable ... by beervirus on Friday July 31, 2020 @06:53PM (#24015194)
It’s not sitting under a mattress. It’s surely invested in something productive.
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Re:Apple surpasses Saudi Aramco to become the most valuable ... by anbotero on Friday July 31, 2020 @06:55PM (#24015226)
I think in this particular case, it’s cash, or at least the promise from a bank or fund or whatever the hell it is, that they can count on that money in cash whenever they one.
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Re:Apple surpasses Saudi Aramco to become the most valuable ... by zepto on Friday July 31, 2020 @07:15PM (#24015432)
No - it’s the worlds largest hedge fund:

https://en.m.wikipedia.org/wiki/Braeburn_Capital

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Re:Apple surpasses Saudi Aramco to become the most valuable ... by Consultant32452 on Friday July 31, 2020 @07:15PM (#24015423)
When they say "cash" they almost certainly mean CCE (Cash and Cash Equivalents), which is being put to productive use by third parties in exchange for nominal interest income.

https://www.investopedia.com/terms/c/cashandcashequivalents....

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