Apple is no longer the most cash-rich company in the world.

It's been talked about a lot that Apple was sitting on all this money.

A lot of it offshore, different places, Ireland, tax purposes,

not wanting to bring the cash back to the US

and just earning so much of it to begin with.

But that's, they're no longer at the top of the list

for companies sitting on the biggest pile of cash. In fact recently Google

passed them which is kind of surprising because they had such a lead in that

department. Apple's holdings of cash and marketable securities, net of debt, has fallen to $102 billion down from

a peak of $163 billion at the end of 2017.

Alphabet, on the other hand, parent company of Google,

has been moving in the opposite direction.

117 billion in the the value of a company. This is actually just the stockpile of cash that they're sitting on.

Liquid, money, assets sitting there in various places.

And there's actually an argument for not doing this.

A lot of investors, stockholders would prefer that a company that has this much this kind of a

stockpile would redistribute that money to the shareholders in a form of

dividends some other form, or to be using that money for improvement of the company.

Like if it's just sitting there in a stockpile, it ain't doing very much, it ain't working for anyone very much. So some investors actually I believe Carl Iken really big investor who has commented on Apple in the past, has said,

the switch in leadership follows a concerted effort

by iPhone maker to reduce its liquid reserve

six years after it first came under pressure

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