They have a market cap of 49 Billion. Apple has 231 Billion in cash. It sounds crazy, but..... The Great American patriotic deal of all time. Rebuilds Detroit and Apple blows out the autonomous car race.
What else are they gonna do with the money? I-Phone 32S in 2025? The greatest vehicle innovation of all time is bearing down on us like a freight train. The govt would approve the deal. 20% of their cash is nothing to own one of the oldest and largest vehicle manufactures in the world, and Ford is not a dinosaur company of old. Its very innovative and has a huge footprint in China and India. But you're probably right. Just a thought whilst I sit here and get squashed by the singing fat lady.
Orrrrr..... Vacuum cleaners. Big money there too. With 250 Billion dollars.... they could bury Dyson.
Most of apples revenue cones from the iphone and any inkling of a slowdown in that area and apple is in trouble, which we are seeing signs of....they havent had any other product as big as the iphone since 2007, and with the smartphone market completely saturated Apple needs new products on the market...seems the last was the iwatch which was a failure and the iPad which was big at the time but not as much anymore. The talk of an apple car isn't going anywhere since last I read they were getting rid of people in that department... So if Apple thinks they can rely on the iphone as a continuation to their huge revenue stream they better think twice because any setback in iphone sales and apple stock will easily lose 1/2 its value
If not for the government, FORD would have been bankrupt years ago, there is nothing to buy there except an overfunded pension.
Dyson is overrated..... I have used a few of their products... Very expensive and completely hyped. Like their new hair dryer hahah come on....
Exactly....forgot to mention that as well....no such thing as failure as they were bailed out just like gm .. .pathetic......pensions have destroyed some of these companies and will continue to do so