Apple Has $121.3 Billion In Cash : Can Buy Out Dell, Facebook, HP And 5 Countries With This Money

Posted by Samir Saleem on October 26, 2012 in Apple / No Comments

Looks like Steve jobs soul is much more happier. this week Apple announced the new iPad mini and shared its earning for the 3rd quarter of the year. And Apple has seen a tremendous year. With $156 billion in revenue representing 45 percent growth compared to 2011, and an incredible 61 percent increase of net income compared to 2011.

But even more impressive, Apple now has $121.3 billion in cash, enough to buy Amazon or a space station, and still having some left. Besdies that it can buy Facebook, Dell and even HP. Wow, who says money can’t buy you things?

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By Samir Saleem|Website|Other Articles

An innovative and dynamic marketing expert having worked for both local and multinational organisations,having expertise in leading diverse assignments on devising digital/social media marketing strategies, promotions, public relations and business development. As an experienced social media strategist and business analyst, he manages several brands via his 2nd Startup Hybrid Signals (www.hybridsignals.com) Samir is an award winning technology and social media blogger and can be reached at [email protected]