Apple now has $191.83 billion in cash on hand — down nearly 7% from a year ago

Apple now has $191.83 billion cash on hand, according to the company’s fiscal fourth-quarter earnings report released Thursday.

Google and Amazon had $121.08 billion and $71.77 billion, respectively, at the end of the second quarter, according to FactSet. Microsoft had $137.98 billion at the end of its fiscal first quarter, according to FactSet. Microsoft’s first-quarter 2021 results were released earlier this week.

Apple has continued to invest in Apple TV+ original content and new upcoming services such as Fitness+, which will offer fitness classes on iPhones, iPads and the Apple TV to Apple Watch owners. Fitness+ is set to launch by the end of this year.

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Thanks for the award.