Asalamu Walikum @saad ,
I noticed that Zoya is saying that AAPL interest income is 0. I think it may be a mistake so I looked into the SEC filings and I could not find any interest income amounts. Any advice on how to proceed?
Apple hasn’t reported interest income or interest expense since 2021. Their financials are listed in the millions so a 1 means 1 million and 1,000 means 1 billion.
So Apple has had less than $1 million dollars in interest income and interest expense. Their revenue is roughly 400 billion so we’re talking about 0.0000025.
You would need to have $400,000 invested in Apple to equal $1 of interest income and $4,000 to equal 1 penny of interest income.
Given the smallness of the numbers I personally wouldn’t worry about it until my interest revenue share is at least a $1
Gotcha. Thanks for the update. I think they stopped reporting their interest income since 2023. I found the numbers based on the 10k SEC filing.