4 ms·
Apple could buy the actual car maker competition in cash if they needed to.
by newnewpdro 8y ago
Apple could buy the actual car maker competition in cash if they needed to.
- computerex 8y agoApple can buy Toyota, BMW, Mercedes, Ford in cash? Today I learned.
- kelnos 8y agoFord's market cap is just under $38B. IIRC, Apple has >$250B cash on hand. Moving that money around (across borders) might be a little bit of a pain, but it's certainly doable.
- newnewpdro 8y agoThey could easily buy one to instantly become a major player. How much thicker do you think the margins would be on a Ford if it carried an Apple logo and access to their walled garden on the software end?
- PeterisP 8y agoYup, every one of these companies is valued less than Apple has in available cash.