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Apple has enough cash to buy the mobile phone industry


Posted by The Shogun on 23 Jun 2011 / 0 Comment
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… With the exception of Samsung.

In a rather interesting piece of analysis by Horace Dediu at Asymco Market Intelligence, given how much cash reserves Apple have, they probably have about enough “Cash, Cash Equivalents, Short-term marketable securities and long-term Marketable Securities” all amounting to roughly $70 billion to buy out the rest of the mobile phone industry.

It’s an interesting look at how the giant stacks up against it’s competitors. Click the link below to see the full figures and calculations.

Full Article: Apple could buy the mobile phone industry

 

Written by The Shogun

Soul Editor, Writer and Creator of TheUrbanShogun.com

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