If you thought Apple had an absurd amount of cash on hand now, just wait until next year.
Andy Zaky, an analyst with Bullish Cross, projects that Apple’s hoard will top $200 billion by the fourth quarter of 2013.
To put that in perspective, Apple had roughly $110 billion in cash and marketable securities at the end of March. So this would represent an increase of $95 billion (or 86%) over the course of the next six fiscal quarters.
Crazy as that might sound, it’s actually less than the rate at which Apple’s cash pile has grown in the previous six quarters. Apple’s cash pile more than doubled between the fourth quarter of 2010 and the second quarter of this year.
Here’s Zaky’s chart laying out his growth estimates via Philip Elmer-DeWitt at Fortune.