Apple Has The Highest Enterprise Value Among Its Major Competetors
Apple could buy out every major phone vendor except Samsung in cash and the analyst expects Apple to have about $70 billion in Cash, Cash Equivalents, Short-term marketable securities and long-term Marketable Securities. Apple will have amassed more than $70 billion in cash, cash equivalents, short-term marketable securities and long-term marketable securities, the enterprise value of Apple’s competitors has been shrinking. Apple will have a cash pile of $70 billion and could swallow every mobile company out there whole if it wanted to…………