Apple's dilemma - how to spend $137 billion
Posted on February 12, 2013 at 22:34 PM EST
Apple's dilemma - how to spend $137 billion Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 7:47 pm, Tuesday, February 12, 2013 Apple has never explained why it is salting away so much money, other than to say the company is preserving its options. -- Buy 213 million iPhones at the average wholesale price, enough for every American who lives east of the Mississippi River, plus Texas. -- Based on market value at the end of last week, Apple could acquire Facebook, Groupon, LinkedIn, Netflix, Pandora, BlackBerry (Research In Motion), Yahoo, Yelp, Zillow and Zynga - and have more than $2 billion left to spare.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here