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This article was published on April 24, 2012


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 Image by: DURIS Guillaume - Fotolia
Robin Wauters
Story by

Robin Wauters

Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family a Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family and Belgian beer. If you'd like to know more about Robin, head on over to robinwauters.com or follow him on Twitter.

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.

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

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