Apple Could Buy Rivals Amazon, Nokia And RIM With The Cash It Owes

Posted on Apr 25 2012 - 6:38am by Editorial Staff

With Apple making something extra big with its Q2 2012 results and having over $110 billion in cash, the Cupertino-based giant could theoretically buy three major rivals – Amazon, Nokia and Research In Motion although still the interesting thing left is that Apple still have cash to continue its shopping stigma (only if it wants to). Checking the market cap of all three: Amazon accounts for market cap of $86.6 billion, Nokia for market cap of $13.59 billion and Research In Motion for market cap of $6.85 billion. That makes a total of around $107 billion, but still Apple owes $3 billion more in its kitty. So, what you think isn’t it is awesome.

(Image Source: Apple logo, Featured Image)

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.