Apple has more cash than most mobile phone manufacturers combined

Horace Deidu of Asymco did some number crunching and calculated the enterprise values of the major mobile phone manufacturers, including Apple.

  • Apple $70 billion
  • Nokia $22.6 billion
  • RIM $13.8 billion
  • HTC $25.4 billion
  • Motorola Mobility $4.2 billion
  • Sony Ericsson $3.0 billion
  • Samsung $53 billion
  • LG $10 billion

When all is said and done, Apple has enough cash and liquid assets to buy every phone manufacturer except for Samsung. As companies like Nokia and RIM continue to decline, Apple’s cash could increase to the point where it can gobble up Samsung, too. Obviously, regulators would not let this happen, but it’s still fun to think about.

Apple has more cash than most mobile phone manufacturers combined originally appeared on TUAW – The Unofficial Apple Weblog on Fri, 17 Jun 2011 13:45:00 EST. Please see our terms for use of feeds.

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