Proceeds from Apple’s sales of marketable securities drop by 52%

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According to data recently   presented by BuyShares, the revenue generated from Apple’s marketable securities investments has plunged by 52.97%. The drop was recorded between 2015 and 2020. In 2015, Apple recorded the highest revenue at $107.4 billion, while this year, the proceeds are at $50.5 billion. Last year, the revenue stood at $57 billion, a slight increase of 19.24% from 2018’s $47.8 billion. In 2016 and 2017, the revenue stood at $90.5 billion and $94.6 billion, respectively.

However, revenue generated from maturities of marketable securities has grown by 382% over the last six years. In 2015, the figure stood at $14.5 billion, while this year, the figure is at $69.9 billion. The research highlighted Apple’s strategy while investing in marketable securities.

“The tech giant usually keeps most of its assets overseas to avoid paying US taxes on the money. In this case, Apple usually prefers to borrow money to engage in its share buyback programme. Over the recent years, Apple has been channeling most of its cash into boosting its businesses rather than putting it into investment products like securities,” the report stated.

The research also overviewed the global assets of Apple from 2004 to 2020. The assets were at an all-time high in 2017 at $375.32 billion. By 2020, the assets have dropped by 13.7% to $323.89 billion. 2004 registered the lowest value in Apple assets at $8.04 billion.

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