social icons WMMM twitterfacebook RSS facebook twitter RSS Center

Jonathan Suttin

What does Jonathan have to say?



98 Billion May Not Be That Much Money

Today Apple decided to take its 98 billion dollar pile of CASH and give it back to its share holders in the form of a dividend and share buyback program. 

BORING!

Do you realize how much money 98 BILLION can buy?  One news report says Apple could have spent the money buying Target, Macy’s, Best Buy and Costco.   If they weren’t interested in retail, they could have spent the money buying Morgan Stanley and Goldman Sachs.   If they wanted to stay away from banking, they could have purchased Ford and GM and still had about 11 billion left over.

We all knew they weren’t going to buy other companies, but would it have been so terrible to spend a little of the money on something comical?  Why not buy everyone in United States a t-shirt that says something like “I’m with Stupid”?   How about buying everyone a copy of the game Jenga?   

It’s seems almost impossible to imagine 98 billion let alone to know what to do with the money, but here’s a sobering thought.  I don’t know if it’s really true, but I’ve seen news story stating the war in Iraq cost the U.S. government 1 billion dollars a day.  So that means all the money at Apple would only buy a little over three months of the war.

Insane.
 


Tags :  
Topics : Business_Finance
Social :


Share This: | More


 
03/19/2012 9:46AM
98 Billion May Not Be That Much Money
Please Enter Your Comments Below
Title :
Comment :
Listen Live (WMMM)
Playlist (WMMM)
Activate With M
Submit
Will this be Clapton's last record?
Eric Clapton definitely has retirement in mind. He hinted to Rolling Stone recently that he may quit touring and recording, and only play for family and friends. We can look forward to at least one more new Clapton record before he hangs up his Strat...
Read More
World's Worst iPod: Olivia Newton John "Please Mr. Please"
Olivia Newton-John was all over the radio in the 1970s, with hits that included "Have You Never Been Mellow," "If You Love Me (Let Me Know)" and of course those songs from the movie "Grease." But not a lot of people had good memories about "Please...
Read More
Mayflies: faschinating, or horrifying? You decide.
The mayflies were out in full force over the past couple days. Now I've heard about these insects over the years, but have never experienced a mayfly swarm. I think I'm pretty happy about that. Apparently the mayflies were so thick they...
Read More
Free downloads: The Bayonets
If you were listening to Triple M on the morning of Thursday July 17th, you may have thought somehow we slipped back to 1965. But it wasn't an old song we were playing--it was a brand new one from the Los Angeles band the Bayonets, called "Crash...
Read More
RIP Johnny Winter--that guy sure could play
"For me, blues is a necessity." That's a quote from blues guitar great Johnny Winter, who died on Wednesday in Zurich, Switzerland. He came to prominence in the late 1960's after he was featured in a story in Rolling Stone magazine, put out 20...
Read More
World's Worst iPod: Information Society "What's On Your Mind (Pure Energy)"
There's something about the allure of Star Trek that made this song by Information Society extra special. It went all the way to #9 on the charts in 1988 for the band based in St. Paul, Minnesota. According to wikipedia, the band got the...
Read More
It's not *that* kind of pool party! ~ Stevi
Pool party's are the best! ...Until someone decides to drive a vehicle in for a swim. Someone should have told her Jeeps don't make good pool toys, and aren't boyant. Check it out, it'll make you feel better about that time you walked out...
Read More
Warren Buffett and Paul McCartney: the conversation
By now you've probably seen that "selfie" taken by a kid in Nebraska with Warren Buffett and Paul McCartney sitting on a bench in the background. (No? Click here). But I have something more exclusive..the transcript of the conversation these two...
Read More
 
Recent Blog Posts
Will this be Clapton's last record?
Eric Clapton definitely has retirement in mind. He hinted to Rolling Stone recently that he may quit touring and recording, and only play for family and friends. We can look forward to at least one more new Clapton record before he hangs up his Strat...
Read More
World's Worst iPod: Olivia Newton John "Please Mr. Please"
Olivia Newton-John was all over the radio in the 1970s, with hits that included "Have You Never Been Mellow," "If You Love Me (Let Me Know)" and of course those songs from the movie "Grease." But not a lot of people had good memories about "Please...
Read More
Mayflies: faschinating, or horrifying? You decide.
The mayflies were out in full force over the past couple days. Now I've heard about these insects over the years, but have never experienced a mayfly swarm. I think I'm pretty happy about that. Apparently the mayflies were so thick they...
Read More
Free downloads: The Bayonets
If you were listening to Triple M on the morning of Thursday July 17th, you may have thought somehow we slipped back to 1965. But it wasn't an old song we were playing--it was a brand new one from the Los Angeles band the Bayonets, called "Crash...
Read More
RIP Johnny Winter--that guy sure could play
"For me, blues is a necessity." That's a quote from blues guitar great Johnny Winter, who died on Wednesday in Zurich, Switzerland. He came to prominence in the late 1960's after he was featured in a story in Rolling Stone magazine, put out 20...
Read More
World's Worst iPod: Information Society "What's On Your Mind (Pure Energy)"
There's something about the allure of Star Trek that made this song by Information Society extra special. It went all the way to #9 on the charts in 1988 for the band based in St. Paul, Minnesota. According to wikipedia, the band got the...
Read More
It's not *that* kind of pool party! ~ Stevi
Pool party's are the best! ...Until someone decides to drive a vehicle in for a swim. Someone should have told her Jeeps don't make good pool toys, and aren't boyant. Check it out, it'll make you feel better about that time you walked out...
Read More
Warren Buffett and Paul McCartney: the conversation
By now you've probably seen that "selfie" taken by a kid in Nebraska with Warren Buffett and Paul McCartney sitting on a bench in the background. (No? Click here). But I have something more exclusive..the transcript of the conversation these two...
Read More
Categories
Archives