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by lkbm 2010 days ago
Just did a quick check. Apple can buy GM AND Ford with cash, and still have nearly half their reserve left over. $191.83 billion cash on hand end of October[0], GM is 59B market cap[1], and Ford is $35B market cap.

I guess there is a premium you pay when acquiring a public company, but still astounding numbers.

[0] https://www.cnbc.com/2020/10/29/apple-q4-cash-hoard-heres-ho...

[1] https://www.google.com/search?q=GM+market+cap

[2] https://www.google.com/search?q=Ford+market+cap

1 comments

You're not factoring in debt. GM and Ford have a combined $300 billion in debt.