Apple has a problem. It has too much money.

1/6Apple has a problem. It has too much money.
Apple has a problem. It has too much money.
Apple Inc. which is due to present its earnings reports this Tuesday may have a unique problem in its hands. That of having too much cash. According to the Wall Street Journal, Apple may have a quarter of a trillion dollars in cash stacked abroad.

The hoard of cash is unrivaled and is more than the market value of Walmart and Procter & Gamble. Incidentally, it is even more than the foreign currency reserves of Canada and the United Kingdom combined. Around 93 per cent of the money is stacked overseas in liquid assets. With US President Donald Trump inclined to grant a one-time tax holiday to corporates to bring money stacked in overseas tax havens back to the US, there is pressure on Apple to either split the money to shareholders or make big acquisitions. Apple CEO Tim Cook has also shown interest in bringing some of the cash back to the US if tax conditions are feasible.

$250 billion in cash? That makes Apple the richest tech company in the world. Even after subtracting its outstanding debt of $88 billion, it has still more than the second largest tech company, Microsoft at $126 billion. WSJ said the quarterly earnings report due Tuesday, will show that Apple doubled its cash in just over four and a half years and in the last three months of 2016 alone, it made $3.6 million an hour.

If Apple does decide to infuse the outrageous amount of cash in its capital, here are some of the things it could do with it

Acquire Netflix

2/6Acquire Netflix
Acquire Netflix
With Amazon boss Jeff Bezos getting closer to becoming the richest man on Earth, Apple could do well to acquire Netflix and jumpstart its streaming business. Apple’s reinvention of TV had almost all subscription services including Hulu, HBO, etc. except for Netflix and of course, Amazon Prime Video. With Prime Video becoming popular across the world, Apple could do well to acquire Netflix and challenge the meteoric rise of Amazon. Netflix is valued at $65 billion. With $250 billion in its kitty, Apple could buy Netflix and still have a lot of money to spare.

Acquire The Walt Disney Company

3/6Acquire The Walt Disney Company
Acquire The Walt Disney Company
Here’s an outrageous idea. If not Netflix, Apple could even buy the Walt Disney Company for $168 billion, allowing Apple to build its streaming video service. Rumours fueling this acquisition have been going round for quite some time. It would also do Walt Disney good by giving them a good distribution platform- to the tune of 74.5 million iPhones that were sold in the world last year. If such an acquisition does happen, Fortune magazine speculates it would become the second trillion-dollar company in the world.

Acquire Tesla

4/6Acquire Tesla
Acquire Tesla
Apple’s miseries in getting a self-driving car project up and running is not new. Last year, Bloomberg Tech reported the company is not going forward with self-driving cars anymore. Instead, it is looking to build software that can enable existing cars to become autonomous. However, a recently filed permission to test autonomous cars has started to fuel expectations of a self-driving car from Apple once again. But if the company indeed wants to become a force to reckon with in the autonomous cars business, acquiring Elon Musk’s Tesla motors could be spark it needs. Apple is in need of a boost in innovation while Tesla is stifled by resource crunch and operational scales. Apple could get the technology it needs to roll out a self-driving car before anyone else while Tesla will be able to make good use of Apple’s huge scale of operations. It is almost a match made in heaven- to the tune of $51 billion which is Tesla’s net worth.

Buy Finland

5/6Buy Finland
Buy Finland
If none of the three acquisitions work out, Apple could just go ahead and buy out the country of Finland which has a GDP of $242 billion and still have some cash to spare. If not one country, Apple could split its cash to buy more than country. For instance, it could buy out Oman ($81.79bn), Costa Rica ($49.55bn), Tanzania ($48.06bn) and Puerto Rico ($103.68bn). Once it buys an entire country, Apple could forget about parking cash in tax havens and bring all its money together in one single place. Tax free.

Distribute the money among the world’s poor

6/6Distribute the money among the world’s poor
Distribute the money among the world’s poor
What if a rare case of nirvana strikes Apple and it suddenly wants to become a good samaritan and try to do everyone some good? With $250 billion in cash, Apple could make the whole world happy by splitting it equally among those living under poverty - which is half the world’s population. 3 billion people will get $83 in cash. As a result, Apple will get a halo above its head. Kids won’t be hungry any more. Everyone is happy. It’s a win-win.