Alphabet, which includes Google, has accumulated more than $117 billion in reserve cash in the first half of 2019. At the moment, Alphabet is the richest company in the world. Apple came down to the second place in the ranking. Apple’s stock now amounts to $102 billion.
According to experts of the Financial Times resource, a large cash cushion can create Some problems for Alphabet. In particular, demonstrating their “wealth” could potentially increase shareholder pressure, as well as attract the attention of regulators.
It is worth noting that Apple has long held the title of leader in terms of reserve cash. However, a few years ago the Coopertinos revised their approach. Since 2017, Apple’s reserves have shrunk by $61 billion. To do this, the Coopertinos actively use the U. S. tax reforms to return foreign reserves to the country and pay them to investors.
As for Alphabet, its financial reserves are gradually growing. Since 2017, they have increased by 20 billion. At the same time, the holding is trying to invest reserve cash in real estate. The company actively buys up land for the construction of offices and data centers.
