What's interesting to me is that Apple apparently managed to pick up this company for a mere $20 million (!) last year...
https://www.macrumors.com/2015/04/14/apple-acquires-linx-imaging/
At the same time Google and other tech big companies squandered billions on start-up companies (like Nest) with little to no revenues and very questionable long-term value.
If we enter a recession in 2016 or 2017 and/or things get rough in Asia (especially China) it's good to see Apple spending its cash conservatively instead of wasting billions.
https://www.macrumors.com/2015/04/14/apple-acquires-linx-imaging/
At the same time Google and other tech big companies squandered billions on start-up companies (like Nest) with little to no revenues and very questionable long-term value.
If we enter a recession in 2016 or 2017 and/or things get rough in Asia (especially China) it's good to see Apple spending its cash conservatively instead of wasting billions.