hinkhous
Nov 20, 2001, 10:34 PM
If you are interested in an Apple branded PDA in the future, you may be interested in the following article...
http://www.appleturns.com/scene/?id=3407
After reading the article, I found out some interesting information regarding Apple, Palm and Handspring financials, which would make any deals possible.
Apple - $6.8 Billion Market Cap, $4.3 Billion Cash
Palm - $2.2 Billion Market Cap, $321 Million Cash
Handspring - $713 Million Market Cap, $77 Million Cash
Basically what the figures show is that any merger between Palm and Handspring would create a company with a market cap of no more than $3 billion. With that in mind, Apple COULD theoretically issue a stock swap or purchase the newly formed PalmSpring (or HandPalm !! :) ) with cash assets. Interests piqued?
http://www.appleturns.com/scene/?id=3407
After reading the article, I found out some interesting information regarding Apple, Palm and Handspring financials, which would make any deals possible.
Apple - $6.8 Billion Market Cap, $4.3 Billion Cash
Palm - $2.2 Billion Market Cap, $321 Million Cash
Handspring - $713 Million Market Cap, $77 Million Cash
Basically what the figures show is that any merger between Palm and Handspring would create a company with a market cap of no more than $3 billion. With that in mind, Apple COULD theoretically issue a stock swap or purchase the newly formed PalmSpring (or HandPalm !! :) ) with cash assets. Interests piqued?
