A little Cash on Hand ... how many romantic dinners would $215.7 billion buy you in at a Michelin Three Start Restautant in Paris and come to think about with who, anyone and all. Can anyone resist a man with $215.7 in his wallet: a women with $102.6 billion in her garter belt.
Apple was reportedly considering buying media giant Time-Warner late last year, which would've given it a huge content business including media brands like CNN and HBO. It also would've cost at least $60 billion, which is Time-Warner's current market capitalization.
But Apple could easily have afforded it with plenty of money left over. As this chart from Statista shows, Apple had more than $200 billion in cash and marketable securities at the end of 2015, more than any other U.S. company. A lot of other tech companies also have billions stashed away, including Microsoft, Google, Cisco, and Oracle.
Most of this cash is stored overseas, and buying a US company like Time-Warner could have meant a pretty big tax bill, but there's no question that Apple could make huge splashy acquisitions like this if it wants to.
Apple was reportedly considering buying media giant Time-Warner late last year, which would've given it a huge content business including media brands like CNN and HBO. It also would've cost at least $60 billion, which is Time-Warner's current market capitalization.
But Apple could easily have afforded it with plenty of money left over. As this chart from Statista shows, Apple had more than $200 billion in cash and marketable securities at the end of 2015, more than any other U.S. company. A lot of other tech companies also have billions stashed away, including Microsoft, Google, Cisco, and Oracle.
Most of this cash is stored overseas, and buying a US company like Time-Warner could have meant a pretty big tax bill, but there's no question that Apple could make huge splashy acquisitions like this if it wants to.
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