So let us ask some related questions. I am just being curious. Are such cash piles common? Does Google's cash pile signify anything at all? Do other companies like Apple have such cash hordes? Has innovation become so cheap that we will have a lot of innovation, but will need very little capital, to produce that innovation?
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So let us ask some related questions. I am just being curious. Are such cash piles common? Does Google's cash pile signify anything at all? Do other companies like Apple have such cash hordes? Has innovation become so cheap that we will have a lot of innovation, but will need very little capital, to produce that innovation?
>Do other companies like Apple have such cash hordes?
Apple does. Last year, people were talking about how Apple had more cash on hand than the US government (http://articles.cnn.com/2011-07-29/tech/apple.cash.governmen...)
> Are such cash piles common?
This link shows the cash balance of Apple, Microsoft and Cisco are also over $50 billion. http://www.cnbc.com/id/46737290/Apple_s_Cash_Hoard_Now_Nearl...