Major Apple acquisition looms; ‘people will be shocked’

Apple has added Adrian Perica, Vice President, Corporate Development, to the company’s leadership page.

Perica is now reporting directly to CEO Tim Cook. Previously, he reported to Luca Maestri, Apple’s Senior Vice President and Chief Financial Officer.

Apple’s bio states:

Adrian Perica Vice President, Corporate Development, Apple Inc.
Adrian Perica
Vice President,
Corporate Development, Apple Inc.
Adrian is responsible for the company’s mergers, acquisitions and strategic investing efforts. Since joining Apple in 2009, he has overseen the successful integration of vital technologies and new businesses across hardware, software and services.

Prior to Apple, Adrian worked at Goldman Sachs for eight years and before that, he worked at Deloitte Consulting and was an officer in the US Army.

A Midwest native, Adrian holds a bachelor’s degree in Physics from the United States Military Academy at West Point and an MBA from the Massachusetts Institute of Technology. He currently serves on the board of Didi Chuxing.

Apple’s leadership page is here.

MacDailyNews Take: A little birdie tells us that “a major Apple acquisition looms,” but that “it’s not yet a done deal.” If it goes through, however, “people will be shocked.” No further information was given. We’re unsure if “people will be shocked” at the name of company Apple may acquire, the size of the acquisition, both, and/or something else altogether.

Apple reports Q219 earnings on Tuesday, April 30, 2019 after market close, right around 4:30pm EDT. Traditionally, Apple updates investors on the company’s capital return program – buybacks and dividends – at that time.

Apple plans “to become approximately net cash neutral over time,” in the words of CFO Luca Maestri in February 2018. Apple currently has north of $245 billion cash on hand. In other words, the sky’s the limit!

Stay tuned.

25 Comments

  1. Tesla, NASA, a noninvasive blood sugar monitoring tech company, MIT to dedicate study to R & D, Nvidia, a top robotics company, the company that works for the government on Area 51 secrets, a company with a revolutionary battery breakthrough that would upend world power and travel tech, a company with a 3D printable material superior to current building materials, a company with affordable jet packs, a quantum chip design company.

    1. Exactly. Disney’s market cap as of today is US$202B and change; Apple could easily offer 10% over market, and likely most DIS stockholders would pump it right back into Apple stock. The dividend percentage is approximately the same.

    2. Disney would be a difficult sell to regulators.

      They can certainly afford the price, but Disney is already bumping up against regulators with the Fox assets on top of everything else. Disney also controls (66%) Hulu with the Fox deal and that would make them a competitor for production and streaming services.

    1. Yep they could sell off all the crap and keep the good bits… so 90% sold off then, just sell the brand name off to the sex industry now that would be karma.

    2. Never going to happen. If it isn’t abundantly clear by now, Cook has zero intention of serving small businesses, unique hardware configurations, education, or large enterprises with personal computers or affordable services.

      On the other hand, Apple may soon have a blowout sale on overpriced single port pink Macbooks so Tim can’t understand why Mac users could possibly be disappointed.

  2. If Apple buys a big content company kiss Apple hardware and OS goodbye….low margin content companies are sold over and over again there is nothing to be gained by Apple buying one…..

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