Cash is King (AAPL) (GOOG) (CSCO)

While everyone else seems to be scrambling for cash to maintain operations, keep in mind… 

Apple (AAPL) is sitting on $20 billion of cash and has no debt.  That equates to about $23.50 per share in cash, or about 27% of its current stock price ($88.00).

Google (GOOG) is sittiing on $13 billion of cash and has no debt.  That equates to about $40.50 per share in cash, or about 12% of its current stock price ($328.00).

Cisco (CSCO) is sittiing on $26 billion of cash and has about $7 billion of debt.  That equates to about $3.25 per share in net cash, or about 19% of its current stock price ($17.21).