How Many Apples Could Apple Buy With Its $145 Billion?

Answers to your questions about the news.
April 24 2013 5:47 PM

How Many Apples Could Apple Buy?

What $145 billion gets you in airplanes and artwork.

The Apple logo hangs in a glass enclosure above the 5th Ave Apple Store in New York, September 20, 2012.
There are only 31 companies in the world Apple couldn’t (theoretically) buy with its stockpile of cash

Photo by Lucas Jackson/Reuters

Apple revealed Tuesday that it is sitting on a pile of cash—$145 billion, to be precise—and the company is planning to flush out some of it to shareholders in a manner carefully structured to minimize its tax burden. The staggering wealth Apple has accumulated leads Explainer to wonder about wildly hypothetical scenarios by which Apple could spend its money. For example, how many apples could Apple buy?

Approximately 45 apples for every person on Earth. Red Delicious apples cost an average of $1.39 per pound in the United States, according to data from the Bureau of Labor Statistics. There are about three apples in a pound. So assuming an infinite supply of Red Delicious apples, Apple could distribute 45 apples to each member of the world’s population of 7 billion. Those apples would fill up about one-three-thousandth of the Earth’s volume.

There are only 31 companies in the world Apple couldn’t (theoretically) buy with its stockpile of cash, although companies aren’t usually sold at their market price. Other armchair CEOs have advised Apple try to acquire Netflix or Visa or the nation of Hungary, but it’s doubtful either of those companies would settle for a measly $145 billion, and countries aren’t technically for sale.

Advertisement


The cash could buy 38.8 billion gallons of regular unleaded gasoline, or enough to fill up 2.9 billion Honda Civic gas tanks or 1.49 billion Ford F-150 tanks. Apple could alternatively buy 132 million VIP passes to Beyoncé’s show at the Verizon Center, for more than 1 in 3 Americans. The company could give $2.3 million to each of the 62,619 estimated homeless veterans living in the United States. It could administer polio vaccines to 290 million people—the combined population of Afghanistan, Pakistan, Chad, and the Democratic Republic of Congo, countries where polio rages on. The company could buy all the art in the Louvre 1.5 times over. It could acquire 290 Airbus A380 double-decker private jets, which seat 525 passengers, such as the one bought by Saudi prince Alwaleed bin Talal. Or the company could send 95,000 employees, one-sixth of its total in the United States, on a two-year, globe-trotting luxury vacation. Here are some more laugh-to-keep-from-crying stats about Apple’s wealth.

$145 Billion of Apple's cash could buy 290 Airbus A380s.

Illustration by Natalie Matthews-Ramo and Illustration of an Airbus by iStockphoto

Got a question about today’s news? Ask the Explainer.

Emma Roller is a Slate editorial assistant. Follow her on Twitter.

TODAY IN SLATE

War Stories

The Right Target

Why Obama’s airstrikes against ISIS may be more effective than people expect.

The One National Holiday Republicans Hope You Forget

It’s Legal for Obama to Bomb Syria Because He Says It Is

I Stand With Emma Watson on Women’s Rights

Even though I know I’m going to get flak for it.

Should You Recline Your Seat? Two Economists Weigh In.

Doublex

It Is Very, Very Stupid to Compare Hope Solo to Ray Rice

Or, why it is very, very stupid to compare Hope Solo to Ray Rice.

Building a Better Workplace

In Defense of HR

Startups and small businesses shouldn’t skip over a human resources department.

Why Is This Mother in Prison for Helping Her Daughter Get an Abortion?

Use Facebook to Reconnect With Old Friends, Share Photos, and Serve People With Legal Papers

  News & Politics
Foreigners
Sept. 23 2014 6:40 PM Coalition of the Presentable Don’t believe the official version. Meet America’s real allies in the fight against ISIS.
  Business
Moneybox
Sept. 23 2014 2:08 PM Home Depot’s Former Lead Security Engineer Had a Legacy of Sabotage
  Life
Outward
Sept. 23 2014 1:57 PM Would a Second Sarkozy Presidency End Marriage Equality in France?
  Double X
The XX Factor
Sept. 23 2014 2:32 PM Politico Asks: Why Is Gabby Giffords So “Ruthless” on Gun Control?
  Slate Plus
Political Gabfest
Sept. 23 2014 3:04 PM Chicago Gabfest How to get your tickets before anyone else.
  Arts
Brow Beat
Sept. 23 2014 4:45 PM Why Is Autumn the Only Season With Two Names?
  Technology
Future Tense
Sept. 23 2014 5:36 PM This Climate Change Poem Moved World Leaders to Tears Today
  Health & Science
Science
Sept. 23 2014 4:33 PM Who Deserves Those 4 Inches of Airplane Seat Space? An investigation into the economics of reclining.
  Sports
Sports Nut
Sept. 23 2014 7:27 PM You’re Fired, Roger Goodell If the commissioner gets the ax, the NFL would still need a better justice system. What would that look like?