“Almost everyone knows that Apple is sitting on a huge pile of cash, around $24.5 billion. That might be enough to fill one of Scrooge McDuck’s cash vaults, but there have to be some other interesting things to do with that much money,” Frank Fox writes for Low End Mac.
“While feeling depressed about how low the value of Apple stock has fallen recently (below $90 per share), I checked out some other companies that are falling due to the same economic worries. There I saw the perfect company that is finally cheap enough that Apple can buy the whole thing: Dell,” Fox writes. “That’s right, Dell has a market capitalization of only $18.55 billion. Apple can buy it and still have money left over.”
MacDailyNews Take: You could’ve just read MacDailyNews last month: Apple could buy Dell outright; Mac-maker has more cash on hand than Dell is worth – October 21, 2008
Fox continues, explaining that Apple should buy Dell for “total shock value,” for help getting a foot in the door in enterprise, and for a brand that Apple “could use for selling low spec PC with Mac OS X installed without diluting its own brand value.”
Full article here.