“The cash coffers are overflowing at Apple these days. While Silicon Valley is abuzz over the fact that social-networking startup Facebook is now worth $15 billion on paper, Cupertino-based Apple has at least that much money — $15.4 billion to be exact — in real, spendable cash,” Bryan Gardiner reports for Wired.
Gardiner asks, “With more money on hand than it’s ever had, the question is: What exactly will Apple do with that pile?”
“Apple could use its wad of cash to ensure that iPhone-component makers are keeping up with demand. This is seen as critical for Apple at the moment, especially considering that it’s set to launch the phone in Europe next month. Another potential investment could come in the form of building out the new property Apple purchased last year in Cupertino. Indeed, Jobs has said that the 50-acre parcel of land is to be the home of a new campus housing up to 3,500 of Apple’s employees,” Gardiner reports.
“Less likely is the possibility that Apple might join a Google-led consortium of companies bidding in the upcoming 700-MHz spectrum auction. With the bar set at $4.6 billion just to qualify for the open access ‘C’ block, analysts predict Google will likely want some monetary support from companies that could benefit from a new swath of open spectrum. That includes hardware manufacturers like Apple, whose iPhone and iPod touch might, in future versions, work with an open wireless network,” Gardiner reports.
More in the full article here.
[Thanks to MacDailyNews Reader “Paul” for the heads up.]
“I thought we were northern Mexico”
Well in a sense you are… Gadsen Purchase and the Treaty of Guadalupe Hidalgo (a treaty dictated by an occupying force)
And remember, Mexicans are also native americans.
No Amnesty for illegals! Send them back on the Mayflower!
Spend it on me!!
I only want a couple of billion!
I actually like the idea of Apple Co having a music label so they can sign artists, etc. With the infrastructure already set up in iTunes, promotion in the digital realm is not be a problem,,, AND, the can tell certain companies to pound sand if they do not like the rate structure. This all leads to the super-secret plot to buy APPLE MUSIC !!!!
I actually like the idea of Apple Co having a music label so they can sign artists, etc. With the infrastructure already set up in iTunes, promotion in the digital realm is not be a problem,,, AND, the can tell certain companies to pound sand if they do not like the rate structure. This all leads to the super-secret plot to buy APPLE MUSIC !!!!
I actually like the idea of Apple Co having a music label so they can sign artists, etc. With the infrastructure already set up in iTunes, promotion in the digital realm is not be a problem,,, AND, the can tell certain companies to pound sand if they do not like the rate structure. This all leads to the super-secret plot to buy APPLE MUSIC !!!!
I actually like the idea of Apple Co having a music label so they can sign artists, etc. With the infrastructure already set up in iTunes, promotion in the digital realm is not be a problem,,, AND, the can tell certain companies to pound sand if they do not like the rate structure. This all leads to the super-secret plot to buy APPLE MUSIC !!!!
I actually like the idea of Apple Co having a music label so they can sign artists, etc. With the infrastructure already set up in iTunes, promotion in the digital realm is not be a problem,,, AND, the can tell certain companies to pound sand if they do not like the rate structure. This all leads to the super-secret plot to buy APPLE MUSIC !!!!
Snap up all the flash RAM they can buy and bring out a 12″ MBP with no hard disk
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Buy Adobe.
Start signing bands directly to iTunes.
-Buy Adobe
-Split Sony with Disney
-Buy Autodesk
-Put some money in 700mhz
-Start “open label” called “Think Different Music”
So, what the author is saying is that he really has no idea what they will spend it on, but his editor wanted him to crank out an article about SOMETHING. Don’t waste my time.
Buy northern California. Secede from the U.S.
Build a place for 25 million Mac users to live, work and play in peace away from the land of Windows, bigoted IT admins and generic PCs.
Appletopia. Fast buses and flying cars.
If a “Kegger” is American for a piss-up then count me in. Pizza would be good too.
Shoes….
“-Start “open label” called “Think Different Music””
Hmmm what about a Music label called “Apple”
“TowerTone: $ 15 billion spent to socialized medicine is better than spending $ 15 billion to a phony war.”
Socialized medicine (by it’s nature wasteful and ineffective) has killed more people than the war in Iraq.
Sixty billion games of Skee-Ball. Giant combs and fake spiders for everyone.
“Socialized medicine (by it’s nature wasteful and ineffective) has killed more people than the war in Iraq.”
One word: Liar
Perhaps Apple should buy Universal and kick the boss out…
I don’t think Apple should spend any of it this year. They should wait until the middle of 2008, when the have had more adds in the UK for all Macs and sold 4 Million each quater, then the could maybe buy Intel or Ibm or Amd or dell ( only joking about dell).
I’m with BMH.
Big piss-up, but with Canadian beer.
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I’m all for purchasing Adobe. I think they do need to push for even more R&D;. Innovation is what Apple is all about, at every level.
Now there’s someone who thinks different! I like it!
Apple need to keep this money not to be bought by another company.
Imagine that : What about Apple being bought by Samsung ?
Has anyone mentioned keeping your employees happy and giving them a raise or some bennies? A company is only as good as it’s employees.