How powerful is Apple?
It’s the most valuable and profitable public company in America / the world, worth ~$1.3 trillion dollars. With a T
They have $210B in cash
Straight Cash – readily deployable
To put that into perspective, Apple is one good quarter away from being able to completely acquire DISNEY
Disney is worth around $240 B
Netflix is $150 B
Still, there would be too much antitrust backlash for an acquisition, but still
I’m not a fan of iPhones and I don’t believe Apple’s innovation is on par – but betting against Apple is a tough bet
Insane…
if only I had put my money where my mouth is – always talking about Apple!
LikeLike