At the end of last year, according to the companys most recent filings, its cash (and short-term investments that can be converted to cash in less than a year) totaled a whopping $38.2 billion. The Microsoft juggernaut continues to generate another $1 billion a month, putting the total cash today well above $40 billion. This is a mind-bogglingly large pile of dough. No other nonfinancial firm has more liquid money at its disposal, and only a handful of banks do. Its more cash than Ford, ExxonMobil and Wal-Mart have combined, and nearly four times as much as Intel, the tech company with the next largest cash balance. It is enough to buy the entire airline industry -- twice. Or all the gold in Fort Knox, four times over. It is enough to buy 23 space shuttles or every major professional baseball, basketball, football and hockey team in America. It is an enviable stash. Who wouldnt love to have a bank account like that?
http://money.cnn.com/2002/04/12/pf/agenda_msft/index.htm
Wednesday, April 24, 2002
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