Is Apple Looking to Buy Disney?

Posted by ryuzaki0 on Sunday February 26, 2006 @02:45AM from the can't-imagine-why dept.

louismg writes "This week, Barron's is suggesting that with Steve Jobs on board as the number one shareholder of Disney, following Pixar's acquisition, that Disney is ripe for the plucking for an acquisition by Apple. But look at the numbers. Apple has a $60 billion market cap, and Disney's is over $50 billion. Apple's cash on hand is in the $10 billion range. Wouldn't a Disney acquisition eliminate the possibility of working with NBC's shows on iTunes, or working with Viacom/MTV? It would seem the conflicts and competition would outweigh a purchase of Disney - Pixar or not."

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"News for Nerds?" by d.corri · 2006-02-26 02:50 · Score: 5, Insightful

More like "Speculation for Nerds."
No chance of Apple buying Disney..... by postbigbang · 2006-02-26 03:24 · Score: 5, Insightful

It fits none of Apple's agendas to do so, in fact it would create numerous difficulties for both companies. Instead, it would be better to break up Disney into new pieces that reflect operating income better, just like Icahn was trying to do to Time Warner AOL.

Barrons had too many martinis before they wrote that one.

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