Here’s how much cash Apple has on hand

Here’s how much cash Apple has on hand

Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City.

Taylor Hill | Getty Images

Apple stock is heading into 2020 with a strong rally. Shares are up more than 7% this year and more than 100% since reporting first-quarter earnings last year.

Moving forward, investors will look to Apple’s sales in China, which accounted for 16.7% of its revenue in the last four quarters. Apple’s wearables are likely to carry interest as well, as the Apple Watch and AirPods continue to catch attention.

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