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by newnewpdro 2852 days ago
Apple could buy the actual car maker competition in cash if they needed to.
1 comments

Apple can buy Toyota, BMW, Mercedes, Ford in cash? Today I learned.
Ford's market cap is just under $38B. IIRC, Apple has >$250B cash on hand. Moving that money around (across borders) might be a little bit of a pain, but it's certainly doable.
They could easily buy one to instantly become a major player.

How much thicker do you think the margins would be on a Ford if it carried an Apple logo and access to their walled garden on the software end?

Yup, every one of these companies is valued less than Apple has in available cash.