With Apple Card, we completely reinvented the credit card. Over the past 3 years, it issued USD 9.8 billion of debt. If you have an iPhone 6 or 7, Apple owes you some cash Apple has settled a class-action lawsuit over iPhone throttling, agreeing to pay up to $500 million to consumers. Netflix has $4.8 billion in debt, and then deals with content partners for $15.7 billion. The company reported it has $207.06 billion cash on hand, up from $205.9 billion last quarter. Apple issued $7 billion in corporate bonds on Wednesday — its first debt sale since 2017 — even though it has more $200 billion of cash on hand. In a credit card. Apple shares rise after company reports better-than-expected revenue of $91.8B Alex Wilhelm 5 months Today after the bell, Apple reported the results of the first quarter of its fiscal 2020. First off, Netflix doesn't have $20 billion in debt. Amazon long term debt for the quarter ending March 31, 2020 was $23.437B, a 0.49% increase year-over-year. Apple debt/equity for the three months ending March 31, 2020 was 1.14 . A2A First, we should probably consider debt, just on its own, and why that’s a good thing for companies to have, before we get into the the $250B that isn’t actually owned by Apple. Apple Park, the company's shiny new corporate headquarters that cost an estimated $5 billion, was completed in early 2017, so those costs are not included in fiscal 2018. Long term debt can be defined as the sum of all long term debt fields. That's the low end of Apple's comfort zone; Apple usually keeps its domestic cash in the range of $15 billion to $25 billion for operational and strategic needs. You are currently past due or have recently been past due on a debt obligation. Simply put: debt is a cheap way to finance operations. Apple's Long-Term Debt & Capital Lease Obligation Total Assets for the quarter that ended in Mar. All numbers are in their local exchange's currency. We eliminated fees and built tools to help you pay less interest. Your information lives on your iPhone, beautifully laid out and easy to understand. Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. 2020 was 0.34. William Feuer @WillFOIA. The problem with Apple’s “cash pile” is that most of it is not actually “cash” nor “on hand,” and it doesn’t take into account Apple’s debt. Apple long term debt for 2018 was $93.735B , a 3.57% decline from 2017. iPhone SE review: Classic iPhone design, but with 2020 function The new $399 iPhone SE looks like an iPhone 8 but works like Apple's top-of-the-line … Apple disclosed its cash on hand in its fiscal first-quarter earnings report on Tuesday. 2020 was $89,086 Mil. Apple now has $245 billion cash on hand, according to its first-quarter 2019 earnings report. Your checking account was closed by a bank (for example, due to repeatedly spending more than your available account balance). You have two or more non-medical debt obligations 3 that are recently past due. The Bloomberg report states, “With the 30-year Treasury at record lows, many companies have been able to borrow more cheaply for much longer. Amazon long term debt from 2006 to 2020. Apple long term debt for 2019 was $91.807B , a 2.06% decline from 2018. Today 8:18 a.m. June 15, 2020 - Stock Market Press Augmented Reality Market Is Expected To Rise To An Estimated Value Of 91.01 Billion Witnessing A Healthy CAGR In The Forecast Period Of 2019-2026 Average Credit Card Debt by Age Credit card debt appears to peak for individuals who are between 45 and 54 years old - $9,096.