The Internet Has Ideas for How Apple Can Spend Its Mountain of Cash
The company’s quarterly revenue was $45.4 billion, with growth across all product categories, said Apple CFO Luca Maestri. According to CNBC, the company’s cash pile is a record $261.5 billion.
After the announcement was made, amazement at the number of cash ricocheted across social media, with many noting the different things that number could buy.
Others noted that Apple could buy Walmart (based on market capitalization), and of course, multiple sports teams.