Apple has Enough Spare Change to buy HTC, Nokia, LG, SE, RIM and Motorola

Posted by: Clinton Jeff Posted date: June 18, 2011 In: Apple, Featured, News

So apparently when Apple announces their next financial results, they will have about $70 Billion, which according to Asymco gives them enough to buy all their manufacturing competitors like Nokia, HTC, RIM and Motorola, Sony Ericsson and LG, with Samsung being the only exception.

The more remarkable thing is that as market values of phone vendors continue to decline, Apple’s cash will continue to grow dramatically. Indeed, a time may soon come when Apple’s cash will be worth more than the entire phone industry.

Eesh.

[via Asymco]

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About The Author

Clinton Jeff

Clinton is currently based in New Delhi, India and is executive editor for UnleashThePhones. He is responsible for all editorial decisions, and covers all forms of Mobile and mobile-related accessories. Cj is addicted to caffeine, social media, and technology. Always up for a good conversation, you can reach him through the contact form, his website, on Google Plus , Instagram or on Facebook or Twitter: Follow @clintonjeff

Number of Entries : 10085

http://twitter.com/drjamit Amit JOhari

wow !!!!!!!!!!!
5789lol

Tells you how many idiots are in this world.
- Pui lam henry
  
  i dont think its idiot to purchase an iphone since IOS pps development are on top priority , for example , the only smartphone with the ability to video chat with skype ~
  its just a phone for check in /out , google buzz , tweet & fb , a bit bored of it tho , well , i love windows phone 7′s interface , its sleek & dynamic ~
  - Wads Ur Name Gal
    
    lol why immediately assume that the “idiots” were referring to the iphone users?