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Apple can buy Toyota, BMW, Mercedes, Ford in cash? Today I learned.
by computerex 8y ago
Apple 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.