‘Worst-case scenario’ if Apple loses $100 billion to Samsung Electronics

If Apple were to lose $100bn to Samsung electronics, the impact would be catastrophic for Apple, the company’s chief executive Tim Cook said.

The $100 bill Apple pays for each of its devices is the largest in the world, but Cook said that if the company were to fall into the black, the total value of its financial position would plummet by nearly a third, the Wall Street Journal reported.

Cook said that it would take Apple two years to recover from the loss and the company had already made significant investments in new products.

“If you look at our balance sheet, it’s not a good picture,” Cook told the newspaper.

“We have about $8.5 billion of cash.

The problem is we have $16 billion of debt.”

Cook said the company has taken steps to strengthen its balance sheet and boost its cash.

He said that in the next two years, Apple would add about $10 billion to its cash and hold it in an “irrecoverable reserve”.

Cook also said that Apple was in a “very difficult” situation.

“The market is not a very good place for us to be,” he said.

“If we had to close up shop for two years it’s going to take us two years.

We have a lot of investments, a lot more than we do today.”

Cook did not rule out another bankruptcy, however.

“I don’t know that there’s any scenario where we’re ever going to be able to sustain our business,” he told the Journal.

“That’s one of the reasons I think that we’re so committed to it, to make sure we get back to a position where we can have a strong balance sheet.”

Cook also reiterated his belief that Apple would continue to innovate.

“We will be a force to be reckoned with,” he added.

“And I don’t think that’s a bad thing.”

Apple announces $500 million cash infusion for US manufacturing and distribution operations

Apple announced a $500m cash infusion Wednesday for the US manufacturing, distribution and technology operations of its products, marking a substantial infusion for a company that has long been plagued by problems with supply chain issues.

Apple said in a news release that the $500million would go towards helping companies with manufacturing needs that would benefit consumers, including in the US, Canada, Europe, China and the Middle East.

“Our goal is to build a more secure and reliable ecosystem for consumers by providing them with a level playing field in terms of choice and choice, availability, and cost,” the statement said.

Apple also announced it would be opening up new manufacturing and logistics hubs in China, India, Mexico and Vietnam, as well as building a new factory in the Netherlands.

Earlier this year, the company announced plans to close an undisclosed factory in China and move production to an unnamed facility in the United States.