Tuesday, 2 July 2013

Apple could afford to buy everyone in the United States an iPod Touch and still have money left over.

As of the end of fiscal year 2010, Apple Inc. had $75.18 billion in total assets. With an excess of 311 million people in the United States (and counting), Apple’s total assets are just shy of being able to buy every American a $249 160 GB iPod classic. ($75,180,000,000/311,836,448* people=$241.09 per person). That would be $8 per person, or $2.5 billion total, short.

The slightly more affordable 8GB iPod Touch is $229. Theoretically, if Apple sold off all of its assets and used all that money to buy an iPod Touch for everyone, they would still have roughly $3.7 billion left. Of course, this requires that you ignore the very obvious question of “If Apple sold all its assets, who would it buy the iPods from?”.

*The Census website's population clock updates in real time, so that number will be out of date by the time you read this.