There was that time Apple bought 1.25 billion dollars worth of flash [1]. And it's later made similar payments for similar things [2,3]. 220 billion in the ba

There was that time Apple bought 1.25 billion dollars worth of flash [1]. And it's later made similar payments for similar things [2,3]. 220 billion in the bank is pretty excessive, but 1.5 billion is way too low for the sorts of things they want to do. [1] http://appleinsider.com/articles/05/11/21/apple_to_prepay_125b_for_ipod_flash_memory.html http://appleinsider.com/articles/05/11/21/apple_to_prepay_12... [2] http://appleinsider.com/articles/09/07/21/apple_prepays_for_a_half_billion_dollars_in_flash_memory http://appleinsider.com/articles/09/07/21/apple_prepays_for_... [3] http://arstechnica.com/apple/2011/12/apple-lays-down-half-a-billion-to-secure-its-flash-storage-future/ http://arstechnica.com/apple/2011/12/apple-lays-down-half-a-...