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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.'