What Apple Could Do With Its $100 Billion Cash Hoard
Let’s face it: Apple is rich. So rich it could send a crowd of people to the moon to build a luxury hotel and hang out there for a few years. Here’s what else it could do, according to our friends at The Joy of Tech.
It’s not surprising Apple is so deeply awash in cash, especially after its spectacular first-quarter earnings announced this week. You can see the details of Apple’s unbelievable numbers here, but will give you a highlight: the company’s revenues for the quarter were higher than its total revenues for all of fiscal 2009.
Apple’s so rich, it could give each of its employees a check for $6,622,516. The company’s worth more than $400 billion. Here’s more about Apple’s riches.
If you had $100 billion (or $97.7 billion in cash reserves, to be exact), what would you do with it?
Comic illustration courtesy Geek Culture, used with permission (thanks, Bruce!)
keep up with the newest technologies and contemplate about how these will be used in the future. On this blog I'll share my thoughts about the future of technology, based on the high Tech Road Show Blog inventions of today.Related articles
- Apple adds Rs 82,795 to its profits every second (currentindiaaffairs.wordpress.com)
- Say No to Dividends - Apple Needs Its Cash for These Bruising Battles (forbes.com)
- Silicon Alley Insider: THE APPLE INVESTOR: What Could Apple's Cash Hoard Could Buy? (AAPL) (businessinsider.com)
- What Apple Could Do With Its $100 Billion Cash Hoard [COMIC] (mashable.com)
Total Pageviews
Apps network
Twitter Gang
• $ 189,44 •
HTTP Header Status Check
EasyHits4U.com - Your Free Traffic Exchange - 1:1 Exchange Ratio, 5-Tier Referral Program. FREE Advertising!
