AAPL can buy Bank of America Outright and have $6Billion left over

[nylonsteel]

re aapl cash reserves

aapl has enough cash to buy bank of america outright and have 6Billion left over - pretty awesome aapl

http://tech.fortune.cnn.com/2011/08/08/why-isnt-apple-aaaa/

 

[*LTD*]

And to think that a little over a decade ago they were here:

And now, they own the current decade. This isn't mere popularity. It's on the level of cultural icon.

 

[AppleScruff1]

They'd have to bring some of the money back into the US and pay taxes.

 

[GoCubsGo]

They'd have to bring some of the money back into the US and pay taxes.

I'm with you.

EDIT: You edited your post. I think Bfd sounded better.

 

[*LTD*]

They'd have to bring some of the money back into the US and pay taxes.

MS and Google need to do the same. As it stands, they have gone on record trying to avoid it.

 

[Sjhonny]

Lol lol lol, no

The company's (public) market capitalization is ~65 Billion, but BAC owns 2.1 Trillion in assets .

 

[Papanate]

This isn't mere popularity. It's on the level of cultural icon.

Again!

 

[Tiggs]

The potential liabilities that BAC has on its book are not getting any better. They may already be insolvent while trying to hide that fact.

 

[nylonsteel]

warren buffet steps up to the plate with $5 billion for bac

"i wear expensive suits - they just look cheap on me..." - warren buffett

classic

 

[arcite]

And to think that a little over a decade ago they were here:

Image

And now, they own the current decade. This isn't mere popularity. It's on the level of cultural icon.

I have that issue in a box somewhere! I should find it and frame it.

 

[AppleScruff1]

I have that issue in a box somewhere! I should find it and frame it.

You can probably sell it for several thousand dollars on eBay.