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Apple has quarter trillion dollars of cash on hand. Without calculating interest or expected value, at 100k a day, Apple could hold out for over a millennium.
by s_q_b 11y ago
Apple has quarter trillion dollars of cash on hand. Without calculating interest or expected value, at 100k a day, Apple could hold out for over a millennium.
I'm sure Apple has a legal army gaming out each one of these scenarios.
- acqq 11y ago> Apple could hold out for over a millennium. No, it doesn't work that way (see the post from dolske 7 hours ago): https://news.ycombinator.com/item?id=11310214 https://news.ycombinator.com/item?id=11310214 Under these rules in only a few months all the money would be gone.
- s_q_b 11y agoMy point was that Apple swings a big stick in this argument.
- kabdib 11y ago$250B can buy a lot of members of congress.