Are Apple about to buyout Sony?

by Guest Mon 25 Oct 2010 - 16:43

Apple has $51 billion cash to spend - and, last week, Steve Jobs hinted at where that might go.

"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," he told investors.

"So I think that we would like to continue to keep our powder dry because we do feel that there are one or more strategic opportunities in the future."

Could that "strategic opportunity" include the purchase of a games company?

Some on Wall Street obviously think so.

Kaufman Brothers have tipped EA, Netflix and even Facebook as targets.

But it today emerged that financial wires have also nodded to Adobe, Disney and - wait for it - Sony.

Leading financial magazine Barron's is reportedly suggesting that Apple faces "speculation that it could acquire Adobe Systems, Sony, or even Walt Disney".

Just imagine. It sounds crazy.

But $51 billion and no debt is an enviable position - particularly when you consider that, for its last fiscal year to March 31, 2010, Sony announced a net loss of 40.8 billion yen ($440 million dollars).

Something massive could be a'brewing. Stay tuned.

by **FWG Rigor Mortice** Mon 25 Oct 2010 - 16:57

wow thats some serious money

by **FWG Plod** Tue 26 Oct 2010 - 2:02

That would be an interesting concept, Apple then would be taking on the might of M$ in the gaming world as well as the computing environment!

by **Andy** Tue 26 Oct 2010 - 7:48

FWG Plod wrote:That would be an interesting concept, Apple then would be taking on the might of M$ in the gaming world as well as the computing environment!

nowt gets past sherlock does it Suspect

by **FWG Rigor Mortice** Tue 26 Oct 2010 - 7:54

he has to earn his wages somewhere!!

by **Waylander FWG** Tue 26 Oct 2010 - 11:51

Ha Ha to all those iPhone users....oh wait Slap

by **FWG Plod** Tue 26 Oct 2010 - 12:03

FWG JEDI wrote:
FWG Plod wrote:That would be an interesting concept, Apple then would be taking on the might of M$ in the gaming world as well as the computing environment!

nowt gets past sherlock does it

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