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With $70 billion in the till after the end of this quarter, Apple could buy many of its competitors

0. phoneArena posted on 17 Jun 2011, 23:25

Apple will have enough cash at the end of this quarter to buy the companies involved in producing 75% of all handsets; the Cupertino based firm will have $70 billion on hand at the end of the month, enough to buy Nokia, RIM, Motorola and HTC and still get back change...

This is a discussion for a news. To read the whole news, click here

posted on 17 Jun 2011, 23:31 10

1. Eingild (Posts: 203; Member since: 19 Apr 2011)

This damn site. Always talking about how rich and how great Apple is. Don't get me wrong. I love Apple as much as the man behind it. But dude, seriously? I'm tired of all these biased craps that PA is putting on Apple. Always considering Apple as the greatest of all time. >.

posted on 18 Jun 2011, 00:02 10

4. clevername (Posts: 1436; Member since: 11 Jul 2008)

Phonearena didn't write this article. This news has been circulating around several websites today, and all over twitter. That kinda makes it news. And since its news about the cell phone industry, PA reports it. No bias there. And about being the greatest, they just point out how rich they are. Again, not biased just facts. Can't speak for other articles but this one is pretty simple.

posted on 18 Jun 2011, 00:39 2

8. Eingild (Posts: 203; Member since: 19 Apr 2011)

Thanks for clarifying that out dude. I mistook the essence of the article.

posted on 18 Jun 2011, 06:19 3

15. The_Miz (Posts: 1496; Member since: 06 Apr 2011)

Get over yourself. Apple is rich, their iPhones sell like hotcakes.

posted on 18 Jun 2011, 09:35 6

20. doubler86 (Posts: 320; Member since: 26 Jan 2011)

Ya they sell like hotcakes, they sell almost 1/3 of the amount of Android phones.

posted on 18 Jun 2011, 23:15 3

40. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)

ahh but how much does a single one of said devices sell?

posted on 18 Jun 2011, 23:41

43. showtime_tech (Posts: 4; Member since: 11 Jun 2011)

In only two carriers with one phone, did u forget to calculate that part of the math.With all due respect your argument is rubbish its like your making iphone look good by the fact they can outsell 1/3 of android phones with one that is not as advanced spec wise as some android phones. My question is are u the ifanboy i suspect u are?

posted on 18 Jun 2011, 14:35 1

25. Hunz (unregistered)

Well this isn't the matter of this Site! Now a dayz there is alot of thing or Business how Apple do! Of course Apple have lots of Good news & also Furthur you'll see how many news out there after release Iphone 5! With all due Respect, Apple make an incredible Job on its own way! Enjoy!:)

posted on 17 Jun 2011, 23:50 8

2. SuperAndroidEvo (Posts: 4888; Member since: 15 Apr 2011)

Hey Apple with 70 Billion dollars, will you lend me $10,000.00? To you Apple that is like 2 cents. It will help me with buying that Ducati StreetFighter that I want. I am just only short $10,000.00. If I can have it now & not wait until September it would be a huge blessing. I might even buy an Apple iPhone 4S/5 when it comes out. What do ya say Apple? Pleeeeeeeeeeease!?!?!?!?!?!?! lol

posted on 18 Jun 2011, 00:01 5

3. bossmt_2 (Posts: 454; Member since: 13 Oct 2009)

As long as apple consumers agree to pay premiums for software and hardware, they'll keep these insane profits.

Apple is truly an amazing company, people will really pay any price for anything they tell them is a must have.

posted on 18 Jun 2011, 00:09 3

5. TOdoubleD (Posts: 114; Member since: 28 Mar 2011)

This isn't news, its some dumbazz sitting around thinking, "wow this company has so much money they could buy this company". Yeah that took some serious brain power to come up with that one. I highly doubt that Mr Jobs has any interest in any of it.

posted on 18 Jun 2011, 00:14 4

6. coria791 (Posts: 21; Member since: 12 Jun 2010)


posted on 18 Jun 2011, 00:24 4

7. ztedac (Posts: 69; Member since: 17 May 2010)

yes... apple first sues them then buys them >.>

posted on 18 Jun 2011, 00:41 2

9. coria791 (Posts: 21; Member since: 12 Jun 2010)

Yea for real im like what the hell

posted on 18 Jun 2011, 00:42 2

10. biophone (Posts: 1994; Member since: 15 Jun 2011)

Apple has nice products not the best spec wise but it's nice to used and are very high quality. People like high quality products so yeah it's Bo surprise how successful they are. I just wish they could compete better in other areas but there fanbase doesn't care. To them it's all about the experience which it should be but specs are apart of that to me.

posted on 18 Jun 2011, 02:07 10

11. Sniggly (Posts: 7305; Member since: 05 Dec 2009)

If Apple were to offer to buy Motorola, I hope Motorola would stare them square in the eyes and say "Fu.ck you."

posted on 18 Jun 2011, 05:27 9

13. 530gemini (Posts: 2198; Member since: 09 Sep 2010)

That would be you sniggly, not Motorola :)

posted on 18 Jun 2011, 07:51 3

17. remixfa (Posts: 14604; Member since: 19 Dec 2008)

this article is retarded. What would Apple stand to gain from buying motorola or the other companies? They would only be interested in samsung or LG for their screen and chip technologies.

And would anyone exept the most die hard brain dead apple fan boy even want that? HELL NO.

This article was written by an apple fanboy for apple fanboys over at appleinsider.com It should not be reported as news by any legitimate site.
Honestly, this site goes out of its way to earn the whole iphonearena gaffes by repeating garbage like this.

And yes, I would be just as offended if they said MS or Google... both of which that have massive warchests... should buy up the entire industry. The industry's state of innovation is due to its heavy competition, not because of any one company.

posted on 20 Jun 2011, 10:00

52. matt (unregistered)

Nokia is also a company worth buying simply because of the enormous patent portfolio they have. Samsung are too big for Apple to buy out.

Only realistic company that are possibly going to be bought are RIM or Nokia. They are losing market share and value and need to step up their game. RIM is a proven work horse in business so its worth it for other companies to but out to integrate their services with their own. For eg Samsung with its galaxy s line could make it work as a business phone with all the functionality of android which would also help them beat apple.

posted on 18 Jun 2011, 14:40

26. Sniggly (Posts: 7305; Member since: 05 Dec 2009)

Damn straight, Gemini. If you put me in charge of Motorola it'd become bigger than Apple.

posted on 18 Jun 2011, 17:06 1

29. 530gemini (Posts: 2198; Member since: 09 Sep 2010)

Lol sniggly. If you're that good, you won't need Motorola to put you in charge. You'll have your own company ;)

posted on 18 Jun 2011, 21:53

38. Sniggly (Posts: 7305; Member since: 05 Dec 2009)

Well, maybe I will have my own company. And maybe I'll fu.cking buy Motorola myself. How do you like DEM apples?! :P

posted on 18 Jun 2011, 03:15

12. JB (unregistered)

And yet they still don't pay a dividend.

posted on 18 Jun 2011, 23:19

42. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)

precisely why i wud never (now) buy apple stock... shuda bought it 5 years ago though... haha

posted on 18 Jun 2011, 06:15

14. som (Posts: 768; Member since: 10 Nov 2009)

Apple has $70 billion cash in hand, how much is Samsung have cash in hand?

posted on 18 Jun 2011, 07:53

18. remixfa (Posts: 14604; Member since: 19 Dec 2008)

Microsoft has more cash on hand. Apple may seem like a big company but they are roughly 1/4th the size of MS. They just spit out how many billion for Skype.. paid how many billion to Nokia.. and they didnt even blink an eye.

posted on 18 Jun 2011, 17:15

30. 530gemini (Posts: 2198; Member since: 09 Sep 2010)

Samsung has $21.11B cash and $10.62B total debt

Microsoft has $26.66B cash and $13.16B total debt

Apple has $26.48B cash with ZERO 0 debt (estimated to have $70B cash flow by end of 2nd quarter reports)

So how can Apple only be 1/4 of MS when they have more $$$ than MS? Lol.

posted on 18 Jun 2011, 23:18

41. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)

haha remixfa doesnt know what he is talking about... its not like microsoft just buys whatever without a blink... obviously nokia is still around... if they were as rich as apple they wudnt even need to think about it..

posted on 19 Jun 2011, 10:44

44. remixfa (Posts: 14604; Member since: 19 Dec 2008)

Apple makes like 5 products and has a very streamlined company. MS has multiple devisions that are as big or bigger than Apple. MS's cashflow is much larger than apple's. Cash flow and reserves are not the same thing. Apple makes a higher profit margin than MS because of this, though MS brings home billions more over all than Apple. You think Apple's like 10% of the computer market and like 20% of the smartphone market bring home more than Microsoft's dominance in computers, software, gaming, and a dozen other things??

You dont seem to understand business. But hey, thats ok, most dont which is why people keep voting these idiots in power that keep f**king things up.

posted on 19 Jun 2011, 18:56

48. 530gemini (Posts: 2198; Member since: 09 Sep 2010)

Huh? I already gave you the figures and you're still not getting it. Tell us then how much cash reserves MS has, lol. The more products you produce, the more money you shell out in producing them as well, and there's no guarantee that all of them would be bestsellers. Fortunately for Apple, majority of their products are bestsellers. That is why they are making tons and tons of profits. It's only in the corporate industry that MS still excels, but think about this, the iphone and the ipad is growing rapidly in that area as well. And think about this. A desktop pc is more expensive to produce than an ipad and an iphone, but the iphone and the ipad are more expensive than some pc's, so there's bigger profit on the ipad and the iphone, lol.

I do understand business, but you don't seem to understand the actual figures, lol.

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