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06-17-2011, 03:48 PM #1
Apple Now Has the Cash to Buy RIM, Nokia, Motorola, and The World At Large
Apple fans have been joking for some time that the company is bent on global domination. Well, it now looks like Apple has the cash to actually do it - or at least come close with regard to dominating the world of mobile phones. According to a new report published Friday, Apple is on track to have $70 billion in cash reserves before the end of this fiscal quarter.
Exactly how much can $70 billion buy you these days? If you're Apple, it can buy the likes of Nokia, Research in Motion, Motorola Mobility, HTC, and any number of other small rivals you can think of. Of course, this doesn't mean Apple will scoop up the competition, it simply means that it could.
Providing an analysis for Asymco, Horace Dediu writes: "As market values of phone vendors continue to decline, Apple's cash will continue to grow dramatically. Indeed, a time may soon come when Apple's cash will be worth more than the entire phone industry."
Meanwhile, the enterprise value of Apple's competitors has been shrinking. Four of them control 75% of the global cellphone market and have a total valuation of $66 billion:
* Nokia $22.6b
* RIM $13.8b
* HTC $25.4b
* Motorola Mobility $4.2b
Source: CNN Money
06-17-2011, 03:56 PM #2
Until their bubble pops and fall flat on their faces. But hey, its probably the only way they can come back on top, buy the competition and stop good innovation so they can continue to shove their crap on us.
06-17-2011, 04:11 PM #3
06-17-2011, 04:23 PM #4
06-17-2011, 04:35 PM #5
iPhone is very good and Android is also good, but i haven't tried the Android yet, so my next phone will be an Android if Apple doesn't whip out something irreplaceable!
06-17-2011, 04:36 PM #6
All that money then they give you a f****in gift card for the back to school special. Yeah yeah I know, they're not obligated but why cancel the free ipod touch promo if you have that much money???
06-17-2011, 04:37 PM #7
buying RIM does nothing, you do not buy their customers.
Buying more companies that makes the components so you can have stable supply chain, that is better investment.
06-17-2011, 04:37 PM #8
they could pass some of there profits on to the end consumers?
06-17-2011, 04:52 PM #9
if they where to buy up any one would'nt nokia be more prudent if that includes all the patents they've just had to start paying out for
06-17-2011, 04:54 PM #10
06-17-2011, 05:02 PM #11
i wish they would buy HTC. htc phones running iOS? yes please
06-17-2011, 05:47 PM #12
06-17-2011, 06:12 PM #13I'm speechless.
06-17-2011, 06:19 PM #14
They just need a new, very low price point phone. That's the only reason these other companies are still around; the iPhone is expensive, and not everyone has a need for its features. A stripped down, very basic iPod Touch style phone would be perfect...especially if they can shrink it down a little more.
06-17-2011, 06:38 PM #15
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06-17-2011, 06:42 PM #16
It wouldn't really work that way. Apple would just stop production of HTC phones and use HTC's resources for them (like patents, production partners and tech.) which could ultimately make a better iPhone
Last edited by McMichael96; 06-17-2011 at 06:46 PM.I like apple stuff.
If you see the username "McMichael96" anywhere, it's probably me.
06-17-2011, 10:26 PM #17
06-18-2011, 01:50 AM #18
So this guy trolls on an Apple website to complain about Apple products that he probably owns? Anyway, onto the intelligent conversation. While Apple COULD buy these companies with the cash they have, they probably wouldn't because they aren't known for spending vast amounts of cash to buy up another phone company since there are better ways to approach it. A. Buy Nortel and their patents, B. Buy Nokia's patent portfolio for less than actually buying Nokia, C. Use those 2 weapons to destroy Motorola and HTC(since RIM is already losing it anyway and I don't see them surviving the next 5 years without a spectacular new product or intervention from someone with loads of capital.)
Oh yeah that, and Apple products just seem to always last. Plus they have pretty good resale value. I just sold an iPod Nano 4GB 1st generation for $35. Not bad considering how far things have come.
06-18-2011, 04:30 AM #19
Apple can only buy what one is willing to sell, they can't force another company to sell to them. It kinda sickens me that we as consumers are the ones who have made Apple so rich, buying products (in the mobile world anyways) that cost 5-6 times what they actually cost to build...no wonder they have 70B!
I need to start going to Costco and buying Lenox dishes and reselling them on eBay for 1K a kit!
06-18-2011, 10:51 AM #20
Anyway, I doubt Apple will buy any of these companies, but if they do it'll be to make better products for their customers.