The Media Is Dying To Know What Apple Will Buy With Its $250B Reserve

It would appear that a company having a quarter of a trillion dollars in cash reserves is worthy enough of a media frenzy since this is exactly what’s happening to Apple right now. News organizations are absolutely dying to know what the iPhone maker intends on doing with the disposable money that it has. Will it make an absolutely huge acquisition or will it simply continue to stockpile cash?

As The Los Angeles Times points out, the kind of cash reserve that Apple has right now puts it in a position to make some huge acquisitions and it’s not as if the company doesn’t have the motive to do so. While revenue for its iPhone lineup is up, it’s selling fewer units. There’s also the matter of its MacBook offerings losing momentum even among the most dedicated followers. Apple needs to make a change.

One of the places it could go is autonomous driving, which it already acquired a license to conduct technology tests for. However, it’s clear that the company has fallen behind on the trend. So instead of coming up with its own technology, some publications are saying that it could acquire Tesla or Google’s self-driving car division, Waymo.

Newsweek even compiled possible acquisition options that Apple has, which happens to include Netflix and Uber. After all, the company is already moving into the same spaces that those firms occupy, so it might as well gobble up the competition to get them out of the way.

The list devolves into ridiculous ventures after that, so it’s pointless to cover the rest, but the featured items make one thing very clear; Apple has a lot of money right now and it can do a lot of things with that money. In point of fact, Apple would hold the 11th spot in the list of richest nations in the world if it was a country. Is it really any wonder that its cash reserve has caught the attention of the media?