Will Apple buy Facebook? Or even Google?

Ridiculous right?

But with $65 billion in cash, such ridiculousness is becoming a real possibility.

The NYT notes:

acquisition of Facebook remained a remote possibility. … Facebook, which recently raised $1.5 billion in a financing round led by Goldman Sachs at a $50 billion valuation, continues to trade higher on the secondary markets, with recent trades putting its valuation north of $70 billion.

And as GigaOm points out: 

Apple’s cash pile represents about half of Google’s total enterprise value.

Cash-on-hand for Apple represents a greater worth than Nokia, RIM and Motorola Mobility’s market caps combined.

Apple have always bet on the future, so buying an incumbent tech giant doesn’t strike me as an Apple strategy. But perhaps buying a fellow superpower is remarkable enough in its own right to do it none-the-less.

Advertisements

About Brent

Born to code.
This entry was posted in Anecdotal Evidence, Hacker Tales and tagged , , , . Bookmark the permalink.