http://www.google.com/finance?q=NASDAQ:CSCO,NASDAQ:AAPL
Total Debt to Equity: CISCO 34.53 to 1.
Apple: O because they have cash.
CISCO is nothing but over extended.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Reportedly Bidding to Purchase Nortel Patent Assets
- Thread starter MacRumors
- Start date
- Sort by reaction score
http://www.google.com/finance?q=NASDAQ:CSCO,NASDAQ:AAPL
Total Debt to Equity: CISCO 34.53 to 1.
Apple: O because they have cash.
CISCO is nothing but over extended.
34 to 1?? Cisco has over 40b in cash. About 15b debt. It surely is in financial position that allows it to bid for the patents. And even pay in cash.
Think Family as in mob family, since patents are largely an organized extortion racket these days.
Patents consist of two parts - the specification, and the claims. The specification may explain aspects of the invention which are not claimed. Subject to certain rules, the inventor can get additional patents based on the same specification, but claiming different parts of it. These are called "continuations." (There are also "continuations-in-part" and "divisionals," which correspond to various changes made to the specification or situations in which the specification describes multiple inventions that cannot be claimed simultaneously).
Groups of patents which claim priority to a common ancestor (the original application with the relevant specification) are called a "family."
A Dyson Sphere, perhaps... Then we could harness the full power of his shimmering glory!
Dyson Sphere
You have got to work on your research skills.
Cisco is sitting on a huge pile of cash and loads debt to acquire new markets. Cisco loaded its current debt to acquire 9 new companies in the last 6 quarters. Apple doesn't load debt but they also don't really expand into new markets. They make minor acquisitions for patent protection and nifty add-ons to their current products. As the guy above said, Cisco can cough up a couple billion to buy Nortel's patents out of cash but they will probably settle old debt and load new debt.
http://finapps.forbes.com/finapps/jsp/finance/compinfo/Ratios.jsp?tkr=CSCO
http://finapps.forbes.com/finapps/jsp/finance/compinfo/Ratios.jsp?tkr=AAPL
I hope Apple gets the key patents at whatever the cost. The more leverage it has with Nokia the better. Even if Apple spent $1 billion to get the patents it would be well worth it if they can be used to fend off Nokia's letigation.
Just paying the GSM licence fees would have cost them a lot less than $1bn.
Cisco
Free Cash Flow per Share
$0.69
Apple
Free Cash Flow per Share
$16.40
Keep talking.
How many shares are in circulation? Were you thinking that they had the same number? Keep picking one item and use that to back up your claims.
Cisco has the most cash of any US non financial company. They also have high debt. But they would still have billions in cash if they decided to settle their debt right now. They won't settle it, but it still doesn't mean that they have no cash when every report you can look at says that Cisco has the most cash of any US company that is not a financial institution.
http://money.cnn.com/2010/09/14/technology/cisco_dividend/index.htm
Last edited:
wait.. what? this link says Apple has only 24B in cash, why is 50B always thrown around?
Microsoft has more cash then Apple? does *LTD* know this?
anyone have links that prove otherwise.
It is cash or cash equivalents. Not really the same thing as having an actual 50 billion in cash. I would assume that it is close to the 50 billion mark now since their stock keeps going up. When that report came out their stock was in in the 250 range it is 320 now so do some math and you will see that Apple currently has the most.