Despite
concerns about its future growth,
Apple (
AAPL) is still a cash cow.
Benzinga, noting that
Apple’s most recent earnings report shows that the company has a whopping $137 billion in cash and cash equivalents, has some fun by making a list of all the companies that Apple could buy just by using the cash it has on hand. Among the top contenders are credit card giant Visa, with a market cap of $106 billion; networking equipment titan
Cisco (
CSCO), with a $112.13 billion market cap; semiconductor manufacturer
Qualcomm (
QCOM), with a $110.6 billion market cap; and chip vendor
Intel (
INTC), with a $104.58 billion market cap. Unfortunately for Apple,
Google’s (
GOOG) $247 billion market cap puts it out of the company’s range, as does
Microsoft’s (
MSFT) $233 billion market cap.
