Who Should Apple Buy? Google Autocomplete Suggests Acquisitions

In case you haven't noticed, Apple is ridiculously wealthy and just keeps getting ridiculously wealthier. As of its earnings call Monday, the company has $146.8 billion in the bank. That's not only a record for cash on hand, it's 10% of all corporate cash (not counting financial companies) on the planet

The drumbeat for Apple to do something with that money — perhaps a stock buyback, per Carl Icahn's suggestion; perhaps a few major acquisitions — has been growing for years. But Apple isn't alone. Most major tech giants have substantial piles of cash burning holes in their wallets.

See also: Is Apple Getting Into New Categories? Tim Cook Says It 'Can' Read more...

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via Mashable http://mashable.com/2013/10/28/google-autocomplete-acquisitions/?utm_medium=feed&utm_source=rss