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The Case For Apple Buying Facebook
The article makes the case that Jobs has been hinting that he wants to actually spend some of the $51 billion Apple has been sitting on, and that Facebook is a likely candidate. Considering how thin the Ping social network is, and the integration issues the two companies have had, there are some good reasons for such a deal. And a heck of a lot of reasons why not.
Sounds like its time to find a new social media website.
Carl Sagan quotes get you an automatic +5 on all posts.
Usually Apple buys small, "cheap" and useful companies and Facebook doesn't belong to any of these categories.
Once upon a time, there was this amazing company called Netscape. It was so fantastic that this other company called AOL bought it for over $4 billion.
Later on, there was this amazing company called AOL. It was so fantastic that this other company called Time Warner believed it was valued it at something like a quarter trillion dollars, so merged with it.
Later on, there was this amazing company called Facebook...
...Except for the fact that Facebook has an elevated self-worth at the moment. Social networks really only have a lifespan of a few years before they are no longer used by the masses.
If Apple wanted to buy Facebook, they should have done it a few years ago, or perhaps a few years in the future. If Apple buys it now, they have a very limited amount of time before the feature is still a feature.
FB has very little IP, the only thing they have is users and brand recognition but MySpace also had that but essentially lost it.
Taxation is legalized theft, no more, no less.