Apple 2.0

Covering the business that Steve Jobs built

The ebb and flow of Apple's cash

January 28, 2011: 12:13 PM ET

A graphic representation of where $26.74 billion came from in Q1, and where it went

Click to enlarge. Source: Asymco

The graphic above, courtesy of Asymco's Horace Dediu, compares Apple's (AAPL) cash flow for fiscal Q1 2011 (on right) with the same quarter in 2010 (left). It shows, more clearly than any other chart I've seen, where Apple's revenue came from, how much of each product's sales went to suppliers, how much was available to pay employees, how much was paid in taxes and what was retained.

To see the original post, click here.

[Follow Philip Elmer-DeWitt on Twitter @philiped]

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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