Apple acquisitions chief met with Tesla CEO Elon Musk

“Adrian Perica is a very busy man. Over the past 18 months, the mergers and acquisitions chief at Apple has been scouring the globe looking for deals, snatching up everything from search engines and data analytics to mapping software and motion tracking chips,” Thomas Lee and David R. Baker report for The San Francisco Chronicle.

“Such a buying spree has ignited fierce speculation in tech circles and on Wall Street about Apple’s future ambitions, especially as smartphone and tablet sales start to slow. Most of that speculation has centered on wearable technology or perhaps a souped-up upgrade of Apple TV,” Lee and Baker report. “But Apple is thinking bigger. Much bigger.”

“A source tells The Chronicle that Perica met with Tesla CEO Elon Musk in Cupertino last spring around the same time analysts suggested Apple acquire the electric car giant,” Lee and Baker report. “The newspaper has also learned that Apple is heavily exploring medical devices, specifically sensor technology that can help predict heart attacks. Led by Tomlinson Holman, a renowned audio engineer who invented THX and 10.2 surround sound, Apple is exploring ways to predict heart attacks by studying the sound blood makes at it flows through arteries. Taken together, Apple’s potential forays into automobiles and medical devices, two industries worlds away from consumer electronics, underscore the company’s deep desire to move away from iPhones and iPads and take big risks.”

Read more in the full article here.

61 Comments

  1. Elon will not sell. Its not a money thing for him. I would love a partnership and cooperation between both companys though. Tesla needs Apple’s money and it could be of much better use than giving it to dicks like Icahn.

            1. Icahn knows how to run a company? Really what the hell does what he does have to do with running a company other than to sacrifice it for cash? Well I guess you can say he runs his own company well but only at the expense of everyone else’s. Yup rather like shooting your foot off to win a bet to gain that pair of running shoes you need.

            2. @Thomas

              Here’s how it works:

              I create a fund and fill it with other peoples money, then I buy $3 Billion dollars worth of Apple stock for them and put the stock in the owner’s name (that’s what funds do, after all), and then all of a sudden I know how to run Apple, and everybody at Apple should listen to me? Does Icahn gets an “Apple” diploma as soon as he buys the stock for the owners of the money?

              If he invested in a hospital instead, would he also become qualified to run a hospital too?

              Whenever I wonder why the world is so screwed up, I read such convoluted comments from people like you and realize we are in trouble.

              This is not criticism. Now that you realize how stupid you are, maybe you can comment back and tell us how we can help you. We can’t help people like you if we can’t figure out what’s wrong with you. You can obviously read and write, so that’s not the problem—so what is it that is making you so stupid?

              I really would like to know! Help us so we can help you.

            3. Really? Icahn knows about running COMPANIES? Since when? All Icahn knows how to do is temporarily inflate stock prices while running companies into the ground, so he can reap the rewards and move onto the next target.

      1. If people like Icahn will ever be entitled to an opinion then you can kiss Apple goodbye. Tim plays good guy with him but I know he doesnt give a shit about Icahn. I dont either.

        1. That’s why Apple stock is shit, because they don’t give a shit about their shareholders and they give the impression that they don’t know what to do with the money.

            1. “reconcile” would require logic, and that has no presence in Thomas’s statements.

              His mind is like one of the sulphur-smelling mud pots in Yellowstone… just a bunch of vitriol bubbling away and occasionally spurting out attached to some mindless talking points he has absorbed somewhere.

      2. One time $2B invested in Apple versus its Market Cap or the weekly trade doesn’t affect Apple’s share price hardly at all.

        Now if he did $2B over the next 20 weeks, yup that would drive Apple up.

      3. @Thomas,

        How much money does HE have invested in Apple. It’s all OTHER peoples money he invested in Apple. Do you even understand how a fund works? Are you 15 years old.

      4. “Icahn has billions invested in Apple.”
        I suggested he has nothing INVESTED in Apple… in the sense of nourishing the company and building the future.
        He OWNS Apple stock — for how much cash he can quickly parasitize out of the company.

        “That’s why Apple stock is shit”
        Such vitriol!
        And Apple’s stock is not shit. If you had bought $10,000 worth of stock a little over a decade ago, that would now be worth around $800,000.

        “You’re nothing”, “jack ass”, “shit”, “shit” — please try to talk like a big boy.

      5. Icahn has less than half of one percent of the outstanding Apple stock shares.

        He has zero chance of influencing anyone at Apple. Well, that’s not actually true. I’m sure he could get a janitor or two interested in the latest bio-degradable garbage bags.

    1. Mr Musk did not invent the Tesla car system, he merely bought it (or stole it if you ask the original inventor). It clearly is an acquisition for him. Read up on the history or watch a documentary for more information.

      1. Hey, when you take in investors, the majority vote rules.

        If you don’t want to be in that sandbox, don’t sell your shares.

        Hint: If you want to play startup again, don’t bitch about the last deal you wound up leaving when you got voted out.

    1. I hope it’s just not for Tesla autos. I’d like to see Apple’s technology in all vehicles. Call iOS for the car. I’m currently driving a Jeep Wrangler which uses UConnect. It’s ok, sort of. It’s really bad on pronouncing names. Too many steps to make a hands free call. Bluetooth integration could be better.

      This is technology begging for the Apple touch. Nobody has quite gotten it right yet yet. If anybody could make a huge improvement over current offerings, it’s Apple. I’ll be leasing a new Wrangler in June of 2015 when my current lease runs out. I hope something better comes along by then. One can dream!

      1. Wait a minute. I’ve got a 2012 Charger, same uConnect. You press the phone icon button on the steering wheel and say, “Call Cindy, mobile”, just like with Siri. How is that too many steps? (I don’t use hands-free calling cause I don’t like my passengers hearing both sides of my conversation.)

    2. Slim chance of that I think they will regret it but both Tesla and Audi have signed on with Android. Tesla has hinted that Apple is too controlling and they would like the option of a more open source like Android. We have seem that Google employees have bought a lot of Teslas. You can see them all over the Google parking lots.

      1. people who buy Teslas, with the exception of Google employees, are not on Android, they are on iOS. Tesla and Audi need to get with the program – Audi is going to lose sales to BMW if they do not offer a good iOS integration – the BMW 4 series is going to eat into AUDI big time .

    3. If there is anywhere that vertical integration of hardware and software should happen its in cars. Especially as they become autonomous over the next ten years. A partnership between Apple and Tesla may not be a deep enough integration.

      Maybe the 2020 iPod will be a small self-driving, electric powered vehicle.

  2. I personally would be happy to see an infusion of Apple-ness into Tesla. They both make beautiful, elegant, game changing products, and to see Apple take its market penetration and apply it to electric cars would be a thing of beauty indeed!

  3. I think everyone is missing the point of Tesla. If Apple acquires it they can move Elon Musk to the CEO position (ala Steve Jobs in 1997) and move cook to operational manager.
    Elon Musk is a true innovator and that’s who Apple needs at its helm

    1. ALL OF YOU ARE WRONG !!!! EVERYONE OF YOU !!!!!
      APPLE IS GONNA INVEST IN spaceX AND THEY’LL EVENTUALLY GIVE FREE WIFI FROM SPACE TO ALL HUMANKIND, OR AT LEAST TO APPLE CUSTOMERS.
      SCREW TIME WARNER, AT&T AND ALL THE OTHER THIEVES CHARGING FOR THE MOST EXPENSIVE AND SLOWEST WIFI OF ALL DEVELOPED NATIONS !!!

  4. In addition to the good comments above, where is one huge consumer expenditure each year for upperscale earner/customers (on average)?

    Housing and automobiles?

    If Apple is truly going to play in the auto-mobile world, jumping in whole hog where you are on the inside of innovation makes a lot of sense.

  5. Apple & Tesla are the only company that I love. I just find their product really cool as if they had heart in it . Apple got me interested into computer & smartphone; I really don’t care about all the other Pc’s runny windows or Android phone. Each time I look at them, I just lose my motivation. Same for Tesla; I never got interested by car before Tesla, for me they were like the earth’s cancer. Ford, GM, Toyota, Audi who care ? I am following every move Tesla do with their supercharger network and the way the company is developing in general. I think Elon Musk is a very very smart leader and most importantly he as all the quality to execute innovation and repeat it. So, somehow, if the 2 company were to stay very close, help each other in marketing, battery plant, software & hardware, retail store, cash reserves etc… and help the world being a better place with great products and meaningful design. So come on, let’s make a deal that preserve both brand and identity, that would strengthen the “Bright” side of the corporate america. Let’s the positive forces joint !

    1. Elon Musk, like Steve Jobs, is a rare person who is charismatic, intellectually daring, and mindful of the requirements for all the human race to achieve greatness. Moving against the tide of resistance to change, both men have shown clear vision in helping us all approach that greatness.

      By contrast, conventional leaders seem like dull stones sitting in stagnant water.

  6. Fan flamers and both respective geniuses aside:

    If I have to charge my car more than once a day like my iPhone, well, no other way to say it — simply not interested.

    That said, if the stars align some interesting iPossibilities …

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