“Apple now has $178 billion in cash,” Paul R. La Monica reports for CNN. “Sure, a big chunk of that is held overseas and a large amount of it is technically considered ‘marketable securities,’ but those can be turned into cash quickly.”
“So what will Apple do with it? Probably continue to spend on research and development, share buybacks, dividends and maybe some small acquisitions,” La Monica reports. “In other words, pretty routine stuff.”
La Monica reports, “But what if Apple wanted to do something really bold with all that iMoney? Just for fun, here’s a list of companies Apple could buy … and still have some change left over.”
• Amazon and Netflix
• Uber and Tesla
• Twitter, LinkedIn, Snapchat and Pinterest
Read more in the full article here.