Apple (Nasdaq: AAPL ) just wrapped up one of the most incredible quarters in American business history. The founder of News Corp. tipped the Twitter blogosphere today that Apple shares at the $448 level are resoundingly cheap if the Facebook public offering values the whole of Facebook at $75-$100 billion. Apple now has $97.6 billion in cash. Last year the company increased its cash hoard by nearly $38 billion. That means Apple was adding $1,200 to its cash pile every second.In GDP terms, Apple's cash pile alone would make it the 58th largest country. That's ahead of global hot spots Iraq and Libya while just trailing Qatar, a country with enough economic clout that it was selected to host a World Cup. Maybe we could look forward to a 2026 World Cup in Cupertino?
At its current Forbes valuations, Apple could buy every single NFL, MLB, NBA, and NHL team -- and still have $31 billion left in the bank. more below from Fool.com
- www.forbes.comMurdoch's amazing decision to plug another company must be a first for Murdoch or any other media and entertainment bigwig. It comes just after JP Morgan issued a hugely bullish recommendation on Apple shares, predicting they will sell at $625 a share by December, 2012. The force behind another $...
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www.cultofmac.comSAN FRANCISCO, MACWORLD / iWORLD 2012 — Those brainstorming sessions that we’d all like to eavesdrop on at Apple are managed using an iPad system.Owen Frager shared a link.
www.hollywoodreporter.comThe lawsuit claims seven companies violated antitrust laws by agreeing not to recruit each other’s employees.Owen Frager likes a link.
Privacy issues aside, we're fans of most Google services. If you have a roommate, sharing editable documents and calendars is a great way to collaborate on expenses, chores, and when you're having guests over.
blogs.hbr.orgI've just returned from an offsite with our team at The Energy Project. As we concluded, I asked each person to take a few moments to say what he or she felt most proud of accomplishing over the past year. After each of their brief recountings, I added some observations about what I appreciated in t...Owen Frager shared Salvatore La Bua's photo.
money.cnn.comSneaker co. Converse's new recording studio offers free, no strings attached sessions to indie bands in the hopes of social media hype.Owen Frager shared a link.
mashable.comJob trend reports are pointing to increased hiring for the tech industry. Here's the lowdown on tech hiring trends.
Bootstrap Compost: This Guy Makes a Living Biking Around the City Picking Up Your Biodegradable Trasbostinno.comCompost. Garbage. Trash. Waste. Whatever you call it, most of us want it out of our homes as fast as possible. But Andy Brooks wants your trash. In fact,Owen Frager shared Ronn Brown's photo.
Ronn Brown's PhotosBy: Ronn BrownOwen Frager shared Thomas Barrett's photo.
www.telegraph.co.ukVideo-sharing website YouTube now receives 60 hours of uploads per minute and 4 billion views per day, the company has claimed.
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