You aren't listening. You're taking a field on a report which means X rather than Apple's statement about their Y. They are NOT THE SAME THING. You're simply looking up the WRONG STATISTIC from an official source and saying it trumps A DIFFERENT STATISTIC from another source.
Financial reports use phrases that sound like common sense things but actually have precisely defined meanings that are not equivalent to what they sound like they mean. Basically it's excluding a great deal of Apple's liquid assets because they don't fall under a specific definition.
Financial reports use phrases that sound like common sense things but actually have precisely defined meanings that are not equivalent to what they sound like they mean. Basically it's excluding a great deal of Apple's liquid assets because they don't fall under a specific definition.