Friday, October 26, 2012

Apple Now Has $121.3 Billion In Cash: More Than Amazon’s Market Cap Or A Space Station | TechCrunch

I suspect Apple will stick to its planned ground-based spaceship for now
"It’s easy to forget the big picture when you report on a quarterly earnings. 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."
Apple Now Has $121.3 Billion In Cash: More Than Amazon’s Market Cap Or A Space Station | TechCrunch
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