An Interest In:
Web News this Week
- April 13, 2024
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
- April 8, 2024
- April 7, 2024
October 29, 2013 03:23 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/W0OK_IPHCKs/
Who Should Apple Buy? Google Autocomplete Suggests Acquisitions
In case you haven't noticed, Apple is ridiculously wealthy and just keeps getting ridiculously wealthier. As of its earnings call Monday, the company has $146.8 billion in the bank. That's not only a record for cash on hand, it's 10% of all corporate cash (not counting financial companies) on the planet
The drumbeat for Apple to do something with that money — perhaps a stock buyback, per Carl Icahn's suggestion; perhaps a few major acquisitions — has been growing for years. But Apple isn't alone. Most major tech giants have substantial piles of cash burning holes in their wallets.
More about Google, Apple, Acqusition, Google Autocomplete, and BusinessOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/W0OK_IPHCKs/
Share this article:
Tweet
View Full Article
Mashable
Mashable is the top source for news in social and digital media, technology and web culture.More About this Source Visit Mashable