I notice some unexplained numbers which i need someone to confirm.
From the table, you can notice long-term marketable securities value dropped as much as $37B, hence impact the retained earnings and total shareholders' equity.
| (in millions) | Dec 20, 2017 | Mar 31, 2018 | Jun 30, 2018 | Sep 29, 2018 |
|---|---|---|---|---|
| Long-term marketable securities | $207,944 | $179,286 | $172,773 | $170,799 |
| Retained earnings | $104,593 | $91,898 | $79,436 | $70,400 |
| Total shareholders' equity | $140,199 | $126,878 | $114,949 | $107,147 |
Does this mean that AAPL suffered loss in Long-term marketable securities. Hence, the shareholders' equity dropped significantly within 9 months even though company are generating record net profits.
The shareholders' equity evaporate as much as 25%. What is really happened? Bad investment decision or poor hedging? Also, i noticed that they removed the Total Shareholders' Equity from item 6 Selected financial data in 2018 10-k. This is one can be found on old 10-k. Seem like they're trying to hide this from summary.
Submitted December 02, 2018 at 05:11AM by AlphabetZer0 https://ift.tt/2KNSipI
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