scottie on 08 March 2013
| JoeTheBro said: I understand buying apple but I doubt they will ever have the money in the bank to buy Samsung. |
Apple is the most expensive company in the world to buy.
Edit: To put $ figures to it, it would cost $405 billion to buy 100% of Apple stock.
Sony has total assets of 45 Billion, but not all of that can be turned into money very easily (I cant find their liquid assets sorry), but they have to be careful even spending their liquid assets. They are currently making a loss of about $4B per year (excluding from the sale of assets like those big buildings they sold), and they also have depts of $17B.
tl;dr, Sony probably has at maximum $10 Billion that they could afford to throw into buying companies, and they need 40 times that much to buy Apple.
