The management of Apple Inc. should consider buying Project Titan , said Munster , managing director and senior research analyst at Munster during an interview with Apple . Apple has $US203 billion cash on hand, and When asked for his opinion as to what Apple should do with its huge amount of cash Munster responded: "The big thing they could buy that I would be impressed with is Tesla . To me, when you think about that absurd amount of cash, you have to go after opportunities. I think automotive fits within that camp."
The management of Apple Inc. should consider buying Tesla, said Gene Munster, managing director and senior research analyst at Piper Jaffray during an interview with Bloomberg Radio. Apple has $202.8 billion cash on hand, and When asked for his opinion as to what Apple should do with its huge amount of cash Munster responded: "The big thing they could buy that I would be impressed with is Tesla. To me, when you think about that absurd amount of cash, you have to go after opportunities. I think automotive fits within that camp."