Saturday, June 18, 2011

With $70 billion in the till after the end of this quarter, Apple could buy many of its competitors

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Apple will have enough cash at the end of this quarter to buy the companies involved in producing 75% of all handsets; the Cupertino based firm will have $70 billion on hand at the end of the month, enough to buy Nokia, RIM, Motorola and HTC and still get back change...

Phone Arena 18 Jun, 2011


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Source: http://www.phonearena.com/news/With-70-billion-in-the-till-after-the-end-of-this-quarter-Apple-could-buy-many-of-its-competitors_id19676
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