I was just going through the blog of Eric Savitz who now works for Forbes. In his blog he has done an excellent job by letting readers know the power of cash that Apple possess. Keeping into consideration Apple’s cash flow for the end of March quarter and combining the cash value with this quarter and doing the math, Eric reached the magical figure of $67 billion. With $67 billion Apple can do wonders and this is what Eric comes up with.
• For $67 billion, the company could buy, say both Adobe and Netflix, and still have $30 billion or so left over.
• Or they could buy Facbook, which depending on who you ask, is worth something north of $50 billion.
• Or they could buy eBay, and have $20 billion left over.
• Apple’s cash position is more than 2x the market cap of Dell.
• It’s also more than 2x the market cap of Research In Motion; 5x the valuation of ARM Holdings; 9x the market cap of Motorola Mobility.
• For $67 billion, you could buy Nokia…and Research In Motion. And still have cash left over.
• Or they could branch out, and buy General Motors. And have $20 billion still sitting in the bank.
• Or they could buy around 15 billion gallons of gas.
This analysis is pretty cool and reflects why most of the market analysts, traders and investors are sanguine about the future of Apple. To read his full blog follow this link and I am pretty sure you won’t be disappointed.
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