Disney to buy out Apple?
This is a total rumor, but it is interesting to think
about.
Bart van der Ouderaa writes "
There is talk about a buyout of Pixar by Disney. While this
isn't really that suprising, Steve Jobs is rumored to
have pitched Apple as well. According to the article, Disney
is going to buy both Pixar and Apple in a multi-billion dollar
deal. In this deal CEO of Disney Eisner would be stepping down
( for medical/personal reasons and becomming chairman of the board
at disney) while Steve Jobs would become CEO of Disney. Details
are expected this week. Will the next iMac feature two giant ears ? "
For those who don't recall, Warner Brothers owned Atari at the height of the video game craze where Atari was number one. Because they really didn't understand computers, Atari is a nothing company today. (this isn't entirly true, Warner Brothers got rid of atari in the mid 80s, and those who took it over deserve credit for all their bone headed moves too)
Diseny is a big company, but I don't believe they can manage a large computer company as well as the rest of their empire. I could be wrong.
Let me call my broker to sell my shares of Apple, after all they are high, and If I'm right they won't go higher.
Hi broker, its bluGill.
I'd like to seel everything I've got in Apple
What?
Oh, I forget, I never had Apple, stupid move, I should have bought in 95. Sorry for wasting your time.
So there you have a full discloser from me.