Syndicated columnist Charles Krauthammer posed an interesting theory on Fox News’s Special Report Monday night, saying Apple should buy the troubled country of Cyprus with the cash it has on hand.
“What’s amazing here I think is how small Cyprus is and how relatively small the problem is,” Mr. Krauthammer told Shannon Bream, was filling in for host Brett Baier.
“The bailout total that you mentioned is about a quarter of Apple’s cash on hand.”
“I mean, this is one country that Apple could purchase, and have a lot left,” he continued. “It could own the island and call it, you know, iCyprus or something, and have all this cash left over.”