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> Apple makes that in what? Ten minutes? ;-) About a day and a half. (that's based on 2017's $48 billion net income) So Apple almost certainly could afford to
by glenra 8y ago
> Apple makes that in what? Ten minutes? ;-)
About a day and a half. (that's based on 2017's $48 billion net income)
So Apple almost certainly could afford to buy the company, but they'd need a business case for doing so, weighing that option against all the OTHER nice things they might want to spend $200 million on.
- code_duck 8y agoApple also has something like 250 billion in liquid assets.