Apple Has Too Much Cash

Includes: AAPL, DELL, NFLX
by: Sramana Mitra

Apple (NASDAQ:AAPL) has too much cash, says Fortune. Just how much, is too much? Well, $15 Billion to be exact. So what should Apple buy?

Oh, I like the Netflix (NASDAQ:NFLX) idea, but perhaps it’s time for some radical thinking.

Why not buy Dell (NASDAQ:DELL), and take the idea of vertical integration to the extreme? Think about all the enterprise customer relationships, the PC market share, and the channels. Think about Michael Dell working for Steve Jobs - the ultimate combination of creativity and operational excellence.