Originally published at: Apple Weathers Stormy Seas in Q4 2022 - TidBITS
It has been a wild year, even for Apple. The company continues to come out smelling like expensive roses, but its fastest-growing product categories this quarter may surprise you.
As a former CPA, I winced after reading;
“… the iPhone is still the king of Apple’s balance sheet, accounting for just under half of Apple’s Q4 revenue….”
Revenue is on an income statement, not a balance sheet.
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The king of Apple’s balance sheet seems to be US Treasuries and corporate bonds 
Gah, my fault on adding that quickly in editing at the end of the day—I was just looking to give some color to “is still king” and was moving too fast. Fixing…
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I didn’t realize before that Apple was the only computer manufacturer to post gains this quarter.
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