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Re: bullmarkets post# 84094

Wednesday, 07/20/2011 2:04:55 PM

Wednesday, July 20, 2011 2:04:55 PM

Post# of 94785
Andrew... just found this snippet here:

With $76 billion in "cash" (or cash equivalents and securities), Apple has enough money in the bank to purchase Goldman Sachs at its current market value ... and still have change left over to buy LinkedIn and Twitter. Seriously.

http://www.theatlantic.com/national/archive/2011/07/apple-could-buy-goldman-sachs-with-its-76-billion-in-cash/242219/

Has there ever been a public company in corporate history that has accumulated that much cash?

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