Apple Rumored To Want To Buy Twitter

OSXGlitch writes "A post on TechCrunch this morning extends the rumor that Apple wants to buy Twitter with part of their massive cash reserve (estimated at nearly $29B). The Twitterverse is alive with speculation that the price being discussed is $700 million. This goes against reports that Twitter's founders aren't interested in selling, and that they estimate the value of the company at around $250 million. Two questions: How do we all feel about the possibility of Apple owning Twitter? And, can Twitter decline an offer that is nearly three times their estimated worth?"

Comments

Re:I will quit twitter

[Yizzerin]

I think your general point has merit, but your examples might not be 100% correct.

We all know how profitable Skype has been for after eBay paid 2.6 Billion dollars for them.

Skype actually has been profitable recently. That said, Skype does not match up well with eBay's overall business model and I remember reading that they are looking to sell it.

Not to even mention how profitable Youtube has been since Google paid a mere 1.65 Billion dollars for them.

Could it be a branding/goodwill tool that also helps them drive users to their search? They certainly paid an exorbitant amount for the eventual profitability, regardless, but Google and YouTube are now both cultural icons.