When it comes to finances, Apple totally dominated Silicon Valley in 2015 as far as finances are concerned. In a survey of public tech companies in the Valley, total profit was $133 billion. Apple, alone, recorded profit of $53.7 billion dollars, responsible for 40% of the entire profit pool. The data was collected by SiliconValley.com (as noted by 9to5Mac.com).
Our favorite tech company’s $200-plus billion cash pile also puts it at the top of the list for the balance sheet rankings;. Apple increased its cash and investments portfolio by 16% in 2015. The closest company is Alphabet, with $78 billion in cash.
However, Apple’s capital return program means that the company also tops the list of highest debt levels too. The company’s debt stands at $64.4 billion, increasing 70% over the previous year.