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Does Samsung really have 28 billion in cash?
by MatthewPhillips 15y ago
Does Samsung really have 28 billion in cash?
- chalst 15y agoWhy would it need the whole sum in cash? Equity for equity is normal for unleveraged takeovers.
- patrickaljord 15y agoDon't forget that every time an apple mobile device is sold, they get money (the A4 processor is part Samsung technology). Many other phones use samsung technology and phone is just one thing Samsung do. They're the biggest company in South Korea. Last but not least: AMOUNTS IN BILLIONS WON| DOLLARS| EUROS Net Sales* 220,120.4| 172.5| 124.1 Total Assets 343,811.6| 294.5| 205.3 Total Liabilities 212,512.9| 182.0| 126.9 Total Stockholder's Equity 131,298.6| 112.5| 78.4 Net Income* 17,663.8| 13.8| 10.0 source: http://www.samsung.com/us/aboutsamsung/corporateprofile/ourperformance/samsungprofile.html http://www.samsung.com/us/aboutsamsung/corporateprofile/ourp...
- deleted 15y ago[deleted]