MSFT $37B CoH, $6B debt, APPL $23B (or $42B) CoH $0 debt

Post #326,912 by SpiceWare 5/27/10 1:13:21 AM Reply	MSFT $37B CoH, $6B debt, APPL $23B (or $42B) CoH $0 debt http://virtualizatio...an-microsoft.aspx As several sharp-eyed readers immediately noted (and we forgot), Apple has an unusual method of accounting for some of its cash on hand, which is that it classifies $18 billion of cash as a long-term investment. (This is because the cash is invested in Treasuries with maturities of more than a year). When this cash is included in the company's cash balance, Apple has $42 billion of cash, not $23 billion.
Post #326,913 by pwhysall 5/27/10 4:38:16 AM Reply	Re: MSFT $37B CoH, $6B debt, APPL $23B (or $42B) CoH $0 debt I wonder how MS managed to accrue $6B of debt. XBox?
Post #326,914 by Another Scott 5/27/10 7:14:51 AM Reply	Bonds. http://www.microsoft...=Press%20Releases Microsoft Announces Debt Offering Offering is part of $6 billion debt authorization by board of directors in September 2008. REDMOND, Wash. Â May 11, 2009 Â Microsoft Corp. today announced the pricing of its offering of $3.75 billion of senior unsecured notes. The notes consist of the following tranches: Â $2 billion of 2.95 percent notes due June 1, 2014 Â $1 billion of 4.20 percent notes due June 1, 2019 Â $750 million of 5.20 percent notes due June 1, 2039 Microsoft intends to use the net proceeds from the offering for general corporate purposes, which may include funding for working capital, capital expenditures, repurchases of stock and acquisitions. The offering is expected to close on May 18, 2009. [...] I guess the "free money" from the stock market wasn't enough for them to keep up with their spending, or something. Whether it was related to XBox or their phone(s) or Bing or MSNBC or ..., I can't say. FWIW. Cheers, Scott.

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