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What will Apple buy?

6 May 2009 by Shaun No Comment

appleApple currently has a cash hoard of $29 billion. That is a lot of money and with it comes the issue of ‘having’ to do something with it. Shareholders get angry when a company has too much money and usually expect to get some back with larger dividends. This is not something Apple does often so that one is probably out. There are rumours of Apple buying Twitter which seem completely unfounded and the slightly more credible one that Apple has its eye on Electronic Arts. There would be more cohesion in buying EA, but it is likely to be a completely different company to the ones above. More at mocoNews. They can have 247 for $0.5 million- I’m not proud:)

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