Stock futures up on speculation that Apple will snap up Disney

“U.S. stock market futures tilted higher Monday, helped by a published report suggesting that Walt Disney & Co. may be snapped up by Apple Computer and by a decline in crude-oil futures,” The Associated Press reports. “On Monday, Walt Disney & Co. was trading at $28.17 in Frankfurt from a Friday close of $27.98, as Barron’s suggested that Apple Computer may buy the firm once Steve Jobs becomes Disney’s leading shareholder.”

Full article here.

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Related articles:
Barron’s: Apple Computer could buyout Disney – February 25, 2006
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

17 Comments

  1. If he does this, it would be a major media coup d’ete. Think about it, Disney not only owns parks and antiquated character rights, but ABC, ESPN, radio, Buena Vista (movie and music distributor), movie studios, talent, etc. Apple would be the media king, with content and distribution rights. Now, considering that Apple owns the prefered distribution medium, competition will either have to join Apple and offer content through iTunes or be left out of the digital boom. Apple would set the price. Microsoft would not be able to catch up, ever!

    I think that Steve will keep this as an option, but it will not be exercised unless Microsoft forms digital competition. Since this is not likely to happen, then I do not believe that Apple will aquire Disney.

  2. Example of journalists making up news just to make up news for sites such as MDN to pick up to increase web site hits.

    Steve Jobs may own X% of Disney. But Apple does not. Jobs traded his stock in Pixar (not Apple) to Disney.
    Why didn´t Jobs first have Apple buy Pixar then does this ridiculous idea of Apple buy Disney? There is really nothing at Disney that Apple wants or needs.

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