Apple could theoretically buy Amazon, Nokia and RIM with its pile of cash

Apple could theoretically buy Amazon, Nokia and RIM with its pile of cash

With over $110 billion in cash, the Cupertino giant could theoretically buy three major rivals and still have change left to go shopping for a new handbag or two.

We know that’s not how it actually works, but it helps to put the size of Apple’s gargantuan amount of cash into some perspective.

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Apple could (again, theoretically) pick up all of Amazon, Nokia and Research In Motion with its mountain of cash, looking at current market capitalizations.

Amazon.com = market cap of $86.6 billion
Nokia = market cap of $13.59 billion
Research In Motion = market cap of $6.85 billion

That totals roughly $107 billion, still $3 billion short of the cash Apple currently has on hand (its market cap is roughly $522 billion). How mind-blowing is that?

Wait a few days, and maybe they’ll be able to bail out Netflix while they’re at it, too.

Also read:

Apple announces dividend plans and $10 billion share buyback, will spend $45 billion in three years

Apple’s lesson: Domestic cash is nimble, foreign cash is expensive

Read next: Apple hits 125 million iCloud users, as iTunes grows to offer 28 million songs and 45,000 movies

Shh. Here's some distraction

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