Originally posted by timothyjoelwrig
Despite this, I highly doubt Apple could buy Moto's PowerPC intellectual property. They don't have the cash or the credit to do so. IBM would be a more likely purchaser. "
I guess $1.25 billion cash wouldn't take an asset that is losing Motorola a billion a year. But maybe if they dipped into the three billion in short term investments (cds, commercial paper, treasury notes....) Apple has on hand. No, I'm sure they couldn't afford it.
APPLE COMPUTER,_INC.
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
(in millions, except share amounts)
_ _ June_29, 2002
------------------------------------------------------------------------ _ September_29, 2001
------------------------------------------------------------------------ _
ASSETS: _
Current assets:
_
_
_
_
_
_
_
_ Cash and cash equivalents _ $ 1,246 _ $ 2,310 _
_ Short-term investments _ _ 3,060 _ _ 2,026 _
_ Accounts receivable, less allowances of $52 and $51, respectively _ _ 626 _ _ 466 _
_ Inventories _ _ 34 _ _ 11 _
_ Deferred tax assets _ _ 164 _ _ 169 _
_ Other current assets _ _ 313 _ _ 161 _
_ _
------------------------------------------------------------------------ _
------------------------------------------------------------------------ _
_ _ Total current assets _ _ 5,443 _ _ 5,143 _
Property, plant and equipment, net _ _ 589 _ _ 564 _
Non-current debt and equity investments _ _ 48 _ _ 128 _
Acquired intangible assets _ _ 99 _ _ 76 _
Other assets _ _ 114 _ _ 110 _
_ _
------------------------------------------------------------------------ _
------------------------------------------------------------------------ _
_ _ Total assets _ $ 6,293 _ $ 6,021 _
_ _
------------------------------------------------------------------------ _
------------------------------------------------------------------------ _😀 😉
