“Barron’s on Saturday said it’s possible that Apple could make a bid to buyout Disney after CEO Steve Jobs becomes the legendary entertainment firm’s largest shareholder.
Jobs, who is the CEO of computer animation business Pixar as well as Apple , will own 7% of Disney after that firm’s agreement to acquire the maker of movies like Toy Story and Finding Nemo,” Greg Morcroft reports for MarketWatch.
“‘I think he has an open option,’ Barron’s quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. ‘Disney is badly undervalued right now. Jobs might get an opportunity to take it out,'” Morcroft reports.
Full article here.
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Cringely wouldn’t be surprised to see Apple+Disney+Pixar+others as single huge company in 5 years – January 27, 2006
Steve Jobs’ arrival at the Magic Kingdom could have more thrills than trip to Disneyland – January 27, 2006
Report: Disney buys Pixar for approx. $7 billion, Steve Jobs to become Disney’s largest shareholder – January 23, 2006
Whooaa….hold on a minute, I might buy Disney myself
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lets go halves
and on a further note, Steve Jobs has been added to the board of the federal reserve bank. He now owns 7% of the USA, or Idaho. He has the option to choose which.
“Idaho – I’m lookin in your direction”
That is a great idea. Just ask Ted Turner about the AOL Time Warner venture.
I do not know why we listen to these guys…
“like wow man, can’t you make a better first post?” (using best stoner/spicolli voice) yer post wasn’t worthy enough fer me
the dude abides (while talking about himself in the third person)
I’m in
MDN Magic word: likely as in Not very likely!!
Ok, in the past week someone thought Apple should spin off iPod & iTunes because they’re a distraction.
Now today someone thinks Apple should buy Disney (one of the bigger can of worms in business).
WTF is this? Disinformation? A joke? Or indeed serious advice??
“That is a great idea. Just ask Ted Turner about the AOL Time Warner venture.”
Right on.
why buy the cow when the milk is free?
isn’t one mighty mouse enough ?
Will Steve be able to give to charity now?
I actually know the fella who penned this article for Marketwatch;, we’re friends and neighbors, we’ve fished in the Keys together, we drink at the same bar. In his defense, I can say he’s “just doing his job”.
As the article read…
“I think he has an open option,” Barron’s quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. “Disney is badly undervalued right now. Jobs might get an opportunity to take it out.”
As the the title of the article suggests, he (the writer) was simply relaying what some FOOL at Barrons was saying.
sounds goofy. they should instead concentrate on tech – like pandora.com (add this to iTunes, boom!). Disney is just a massive bunch of channels and additional headaches.
And Mickey Mouse could fly out of my …
Apple should buy the moon and use it as a giant advertising space. Oh wait, they don’t like advertising too much. Fine, buy Disney then.
this world is looking more and more like Marx’s and Engel’s. So much for diversity.
Tragically silly.
Apple should buy Wallmart. And then Exxon. Finally, it should buy some east coast shipping ports.
And why not buy Radio Shack and Jenny Craig while its at it. Hell, the presidency of the United States is for sale in ’08. And then there’s the continent of Antarctica. Float some stock. Buy ’em all.
Why buy the cow when you already got the cream?
Steve doesn’t want Disney, he might be the largest shareholder, but it’s only 7%.
The other 93% is pretty big, well actually he would need another 44% to control the company.
That’s another $25,130,934,897 that needs to be raised.
How much does Apple have in cash?
6 billion?
Could you have made a better 5th post?
Not only that, since Steve is the largest shareholder at 7%, that means the other 44% he needs is broken up among a lot of different people.
If he starts buying the stock price will rise and it wold cost even more than the $25 billion.
Even if he did pull it off, Eisner has left some boogymen in the closets.
If Apple buys anyone it should be Adobe.
Do people just pull things out of their ass to get hits to their articles? It would make a lot more sense if Apple would by Adobe.
http://getkickedoffaplanewearingthis.blogspot.com/
“That’s another $25,130,934,897 that needs to be raised.”
Not really. Remember Apple could do an all stock deal to buy the company.
yep buying adobe would be the way, but we all know it aint gonna happen lol
If Microshaft can get away with what it’s gotten away with then there is no reason Apple shouldn’t buy out Adobe. That’s it’s cornerstone market and to control that means there is no chance Adobe can try and pull any crap.
Overall there is no real reason other than synergy and making a better product if Apple was in charge. Adobe’s CS suite has become one big mess of bloatware.
Wingsy, you’re dead on!
A normal executive might do just that. Everyone knows executives that oversee mergers like this walk away filthy rich regardless of the outcome down the road.
Steve J (I believe) is different. Not that he isn’t interested in money, but if it doesn’t fit his plan he won’t support it.
And if you do it his way you still make a boatload of money, just not as much in the short term.
Oh, dear God. I read this a few days ago, scoffed at it, and then prayed it would never show up on MDN.
This is ridiculous, just like the other stuff you’ve been linking to recently.
Come on MDN, I’m almost disappointed enough to stop reading. I thought this site was where Mac NEWS came first, not where a slew of meaningless rumors by people who are the reporter equivalent of bums in cardboard boxes is neatly distributed to a group of users craving the real Mac/Apple scoop.
So please, PLEASE stop linking to this crap and get back on track, reporting the news and some of the rumors on some other Apple blogs, but I’m getting sick of having to filter through what to read and what not to read.
God, if it floats your boat that much, create MacDailyRumors. But this is far from “news”.
MDN magic word: “method”, meaning that MDN needs to change their method of reporting news to Mac users.
Tigger gets to feel up MILF’s and their daughters at the Disney parks.
I sooooooooo wanna be Tigger.
Apple cash is >$8bn…
hello im ahmad hady in kuwait .. i wanna buy a used power mac g5 dual .. i need some help
please
Disney has very bad karma. Nothing good will come to you if you associate with pure evil. Disney is pure evil. Disney is much worst that M$ IMHO.
to…
“To The Dude”
uh… do you understand the meaning of the word “sarcasm”?
Wouldn’t it be better to buy Adobe and thereby forcing it to release PS in universal binary?
The basis for this article is highly flawed and I’m even more surprised people actually bought into it. Apple doesn’t have the means to “buy” Disney out, Disney is a much bigger company….the other way around would be a far more realistic outcome if anybody was really buying anybody.
The Motley Fool has an interesting commentary on this topic.