Yes, You Should Be Astonished By Apple ...

Apple's performance in the past few years has been truly mind-boggling.

CEO Tim Cook used that exact phrase in the company's conference call yesterday. And he wasn't just blowing smoke.

If you get too caught up in the daily Apple details, you miss the big picture.

So here's a quick look at the big picture.

Apple has generated $29 billion of cash in the last six months. That's not revenue, it's cash--what's left over after Apple pays all its expenses.

At that rate, Apple is generating $7 million of cash per hour. 24 hours a day. 7 days per week.

Apple now has $110 billion of cash. If Apple's bank account were a stand-alone company, it would be the 37th biggest company in the United States (by market cap).

Source: YCharts.

Please follow SAI on Twitter and Facebook.