Apple will use its $75.2 billion pile of cash and securities to go on a buying spree after Monday s market crash, Forbes reported on its website Monday.
Apple will use its $75.2 billion pile of cash and securities to go on a buying spree after Monday s market crash, Forbes reported on its website Monday.
Responding to rumors that the tech giant, flush with cash from strong sales of its iPad 2 and iPhone 4, would pursue a string of acquisitions in a weak market, Forbes magazine published a list of companies Apple won t buy.
Bank of America: Apple has wanted to crack the business market for years. Bank of America is big, and its shares fell 20 percent Monday.
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