I understand why you may be confused, because this was pretty poorly reported recently and I was not completely specific in my post.

Some Miscellaneous References:

http://www.google.com/finance?q=NASDAQ:AAPL&fstype=ii

http://finance.yahoo.com/q/ks?s=AAPL+Key+Statistics

http://www.apple.com/pr/library/2011/07/19Apple-Reports-Thir...

Apple does not have 76 billion in cash. It has 76 billion in cash, cash-equivalents, and long-term marketable securities. There is a significant difference.

For clarification, please see here:

http://seekingalpha.com/article/258268-debunking-the-myths-o...

This post does not constitute investment advice.