The US stock market is alive with rumours that Apple is about to launch an unprecedented acquisition - with Sony and EA just two of gaming's mentioned targets.
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. Something massive could be a'brewing. Stay tuned.
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. Something massive could be a'brewing. Stay tuned.
WHAT?! :shock:
Make of it what you will guys.