Wednesday, August 10, 2011

Apple, Exxon, And Bank of America.

Apple is now larger than Exxon (by market cap) and can now use it's current assets and buy more than 2/3 of Bank of America... which has more than $1 trillion dollars of deposits. If Apple and Google would form a partnership, they could basically pay cash for all of Bank of America's common stock at it's closing price today.

Who would have ever thought that would happen, just 10 years ago, when "i" anything was only something in Steve Job's and some geeky Apple engineers' minds, and "Google" was probably more known as a number, than a search engine...

Crazy, but fun times to live in. :)

Disclosure: None. This is not advice of any kind. This is not a recommendation of any kind. I have received nothing to write/post these notes. Always do a ton of your own research in regard to anything that I say, do, write, or so much as even think about.

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