HOW DO YOU LIKE THEM APPLES
·Updated:
·

Say Apple wanted to splurge and acquire other companies with the mind-boggling amount of cash it has — approximately $225 billion, according to Apple's 10-Q SEC filing — here's an idea of the companies it would be able to afford.​

Instagram account @chartrdaily put together this infographic that gives us a sense of what companies Apple could potentially buy based on the market values of these companies on June 26, 2019:

 

Hypothetically speaking, with its cash reserves, Apple could acquire Manchester United, Twitter, Ferrari and Nike and still have around $25 billion to spare.

Of course, this is only speaking hypothetically, for as @chartrdaily has pointed out, acquisitions of these companies would require premiums and the actual cost of the acquisition would be much higher than estimated here. Still, this infographic is a fun way that allows us to recognize Apple's enormous spending power, should the company ever choose to utilize it.

 

[H/T Reddit]

<p>Digg is what the internet is talking about, right now. It's also the website you are currently on.<br></p>

Want more stories like this?

Every day we send an email with the top stories from Digg.

Subscribe