NEWS

Apple Qwns $52.6 billion in US Treasurys — More Than Many Major Countries

08/04/2017

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Apple owns $20.1 billion in short-term Treasury securities and $31.35 billion in long-term marketable Treasury securities, according to its most recent regulatory filing.

That puts it ahead of all but 22 foreign countries, according to Treasury records.


Apple Qwns $52.6 billion in US Treasurys — More Than Many Major Countries


Apple owns $52.6 billion in US Treasurys - more than many major countries Apple owns $52.6 billion in US Treasurys - more than many major countries  


If Apple were a foreign country, CEO Tim Cook might have considerable political clout in the United States.


That's because the tech giant owns $52.6 billion in U.S. Treasury securities, which would rank it among the top 25 major foreign holders, according to estimates from the Treasury Department and Apple's SEC filings released Wednesday.


Apple's stake in U.S. government securities as of June, up from $41.7 billion as of last September, puts it ahead of Israel, Mexico and the Netherlands, according to Treasury data released last month, which tracks up to May of this year.


With $20.1 billion in short-term Treasury securities and $31.35 billion in long-term marketable Treasury securities, Apple still falls far below countries like China and Japan, which hold over a trillion dollars in U.S. government debt each — which has caused considerable hand-wringing in Washington.


Still, Apple is way above other big companies like Amazon, which owns less than $5 billion in U.S. government or agency securities combined, according to regulatory filings.


Here's where Apple would fall:


Japan: $1.1113 trillion

China: $1.1022 trillion

Ireland: $295.8 billion

Brazil: $269.7 billion

Cayman Islands: $266.1 billion

Switzerland: $239.5 billion

United Kingdom: $234.4 billion

Luxembourg: $207.7 billion

Hong Kong: $196.3 billion

Taiwan: $181.2 billion

Saudi Arabia: $134.0 billion

India: $127.3 billion

Russia: $108.7 billion

Singapore: $107.9 billion

Korea: $100.1 billion

Belgium: $98.7 billion

Canada: $80.2 billion

France: $74.4 billion

Germany: $68.3 billion

Thailand: $66.5 billion

Bermuda: $60.9 billion

United Arab Emirates: $60.5 billion

Apple: $52.6 billion

Netherlands: $52.2 billion

Turkey: $49.5 billion

Norway: $48.3 billion

Sweden: $40.8 billion

Mexico: $38.9 billion

Philippines: $38.2 billion

Spain: $38.2 billion

Australia: $37.0 billion

Italy: $35.6 billion

Poland: $35.0 billion

Kuwait: $31.6 billion

Israel: $30.9 billion

All other: $455.7 billion


Source: cnbc


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