The Information reported the deal in November
The company has $225 billion in cash and securities on its balance sheet, according to its most-recent earnings, which makes Apple is one of the most cash-rich enterprises in tech. It also means Apple has a lot opportunities and incentive to spend. But unlike tech giant IBM which spent $34 billion on Red Ha,t or SAP which spent $8 billion on its acquisition of Qualtrics, Apple historically hasn't bet the farm on big deals.
I hope Walmart is one of them.
Please Apple... dont outsource us all
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »