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Apple Could Buy Dell

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Apple has announced that in its Bank account, it has 24.5 billion dollars.  Thats not how much the company is worth, thats how much spare change they have sitting around.  Thats a butt load of bank.

11 years ago, when Apple was starting to turn around from its down days, Michael Dell made the comment when asked what he would do with Apple: 
"What would I do? I'd shut it down and give the money back to the shareholders." 

Today, Apple has more money in its bank account than Dell is worth as a company.  They could buy Dell at its value, and still have a billion or so left to throw around.

Good times.  I wonder how he feels about Apple now?  What I do know, is that I don't think he would be the first person that I would take investment advice from.

January 2009

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