Both Apple and Microsoft Owe More Money Than They Have
There's more to their finances than meets the eye or what the media says (ignoring the sewage)
The official records show that, as per numbers released yesterday (for a reporting period ending June), Apple remains over 100 billion dollars in debt. That's similar to Microsoft. Apple and Microsoft also have a similar amount of money the bank, about two-third of what it would take to pay back the debt (but then go into overdraft). Before the pandemic Apple had about 20 billion dollars more than it owed. Nowadays both companies rely on borrowings instead of wealth. Their revenue "growth" can be attributed to fakes. █