15 things Apple could buy with its $137B cash reserve
Summary: Apple has $137.1 billion in cash, but more than two-thirds of it remains off-shore and outside of the U.S. taxman's reach. What could Apple spend all that cash on? We've got some suggestions.
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Buy and build an entire city
The median U.S. house price is about $195,050, based on figures from the Northeast, the Midwest, the South and the West coast. Of course, some areas of the country are far higher and far lower than other places, but this—after all—is just a bit of fun.
Take the median U.S. house price and build as many houses with Apple's cash pile of $137.1 billion, and you can buy 7,028 702,896 houses. Because building a house costs far less than, the number of houses will likely be significantly higher, by at least 20 percent by rough calculations. That could bump the figure up to 8,433 843,475 homes.
After many hours researching this, there's no one definition of how large a town or city should be, but around 10,000 people seems to be the rough benchmark. Compared to New York City or San Francisco, the numbers fall far below their many millions, but it's still wouldn't be a bad effort by Apple if it decided to go down this route.
Correction: One reader points out that indeed it's 702,896 houses, rather than a 'meager' 7,028. Indeed, Apple could built an entire 'city', rather than just a 'town.'
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Talkback
Buy Microsoft
Re: Buy Microsoft
Who knows, they might even stand a chance.
Microsoft is a poor investment...
IMHO, Apple should use some of their cash reserves to design and manufacture a consumer friendly 3-D printer and software. They could completely own that fast-growing market in a year or two if they put their best people on it.
Buy Microsoft
Inwould say that Apple is thriving in the so called Pos PC Era.t
Pagan jim
Re: Since every device mobile or otherwise is a computer and hence a PC.
Android is the only mobile platform that doesn't try to pretend it's not a computer.
Don't hink that is what is necessary for a device to be determined s
Pagan jim
Re: Don't hink that is what is necessary for a device to be determined s
And they do... If you want just another computer well how dull can that be?
Pagan jim
Re: I can multi task with my iPad.
Like I said, Apple and Microsoft try to pretend their mobile devices are not really computers, Android doesn't.
Does it matter what you call it?
Android is malware by definition
That you surrender your privacy and end up with a mediocre product, that does not perform and if you're lucky does not crash too often, that is taken for granted.
hmm...
Crack
P.S. Ignore @Naryan name calling. Facts confuse the afore mentioned adults.
Cool Story Bro.
MS?
Re: I can multitask just fine on my Win 8 tablet
Talking to hear yourself talk?
Hmm...
Re: Apple struggling to figure out what to do with $137 billion.