We have become accustomed to hearing about Apple buying small to mid-sized companies that fit into their business plans. Just this year alone Apple has acquired Lala Streaming Music Service, Quatro Wireless Mobile Advertising, Intrinsity Semiconductors, Siri Mobile Assistant and Poly 9 Web-based Mapping, all of which have been major purchases to enhance the Apple business model.
These acquisitions have run upwards of $275 million(Quatro Wireless), but the next rumored purchase could send shockwaves throughout the arts and entertainment industry. Reuters reports that Sony Corp’s stock rose almost 3 percent Tuesday, based on speculation that Apple will acquire the media conglomerate. These rumors have been fueled by the fact that during Apple’s latest financial results call, it was revealed that Apple has a pile of cash waiting for a home; $51 billion to be exact, yes that’s billion with a “B”.
Steve Jobs also lead onlookers to believe Apple was intending to use the cash for strategic opportunities in the near future:
We strongly believe that one or more very strategic opportunities may come along, that we can take, that we’re in a unique position to take advantage of because of our strong cash position.
With this comment the rumors started flying about the next shopping spree by Jobs: EA, Netflix, Disney, Facebook, and Adobe were all on the lips of analysts. The Sony rumor seems to have the most legs and makes a bit more sense considering Sony’s market value stands at $34 billion.
The problems with acquiring the totality of Sony are many, not least being the push-back from the Japanese government as a foreign entity attempts to purchase a national icon. What makes more sense if for Apple to acquire the TV, film and music library as that fits best into the Apple model, and frankly, is what Apple would probably want based on the iTunes content sales model. Sony may not be willing to sell it’s assets piecemeal, so this whole idea of a simple merger could get very messy.
These larger merger/acquisitions don’t typically turn out for the best, and Apple has proven the purchasing the smaller niche companies has worked out quite well in the past. These smaller deals take less time, money and effort to seamlessly integrate into the Apple business culture.
I just don’t see this speculated huge merger going down anytime sonn, and by soon I mean in the next decade. It’s just not Apple’s modus operandi and failure is much more likely than success. If I were a betting man I would put my money on a Netflix buyout much sooner than Sony.
If you were Steve Jobs what company would you target as the next acquisition and why?
The Galaxy S20 Ultra's Space Zoom camera is amazing and a bit creepy
The Galaxy S20 Ultra supports up to 100X zoom, which Samsung calls Space Zoom, but is it any good? Can a phone really product usable photos at 100x zoom? We've got our Galaxy S20 Ultra already so join us to find out!
Win an iPhone, iPad and Apple Watch with the Reader's Choice giveaway!
What's the best phone of 2019? Is it the iPhone 11 Pro, Pixel 4 or OnePlus 7T? What about the best laptop, games console, tablet and more? Vote NOW in the Reader's Choice awards and win BIG in time for the holidays!
Here are the best products from IFA 2019!
Here are the products announced at IFA 2019 that were worthy of our Best of IFA 2019 awards. Also featuring MrMobile's single best product at the show!
Solve all of your problems, add the perfect calculator to your life
With the right calculator, everything adds up! Whether you need a basic model or one with more advanced functions, there is a calculator that will meet your functional requirements.