We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
78,696 News Articles

Apple could own 75 percent of mobile phone industry

Apple has enough money in the bank to buy at least three-quarters of the mobile phone industry.

Apple's not only the biggest tech company according to its Market Cap (currently $301.79bn). It also has nearly $70 billion in the bank, which, according to one analyst, is enough to buy at least three-quarters of the mobile phone industry.

Asymco analyst Horace Dediu gives the following valuations for Apple's mobile phone market competitors:

Nokia costs $22.6bnRIM $13.8bnHTC $25.4bnMotorola $4.2bn

All of these companies add up to 75 per cent of the world's mobile phone sales, Dediu claims. (Total cost: $66)

If Apple wanted to stretch the bank further, it could add LG at $10bn. (Total: $76)

And Sony Ericsson at $3bn. (Total: $79bn)

The only mobile phone vender left is Samsung, valued at a pricy, $53b. (Total: $132bn). While Apple couldn't afford that right now, Dediu thinks that Apple may soon be able to afford that too: "As market values of phone vendors continue to decline, Apple's cash will continue to grow dramatically. Indeed, a time may soon come when Apple's cash will be worth more than the entire phone industry," he claims.

Of course, should Apple buy up the whole of the mobile phone industry the anti-competition courts may have something to say.


IDG UK Sites

Motorola Moto G vs Nokia Lumia 530 comparison: What's the best budget smartphone

IDG UK Sites

Everything you need to know about Apple's iPhone Camera in iOS 8

IDG UK Sites

Why you shouldn't trust password managers

IDG UK Sites

How to make an 'Apple iWatch' using an iPod nano and a 3D printer