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Not that it's going to happen. But Apple is sitting on ~$270b of cash (1). And is run by a guy in Tim Cook that is a world class operator and fulfillment guy.
by aresant 8y ago
Not that it's going to happen.
But Apple is sitting on ~$270b of cash (1).
And is run by a guy in Tim Cook that is a world class operator and fulfillment guy.
And who has been criticized for lacking vision :)
We can dream right?
(1) https://www.cnbc.com/2018/05/01/apple-q2-2018-earnings-heres-how-much-money-apple-has.html https://www.cnbc.com/2018/05/01/apple-q2-2018-earnings-heres...
- Analemma_ 8y agoApple buying Tesla would be a gigantic waste of money. Ben Thompson has explained why in a couple good Stratechery posts, but the tl;dr is, a large percentage of Tesla's valuation is goodwill (its reputation and "coolness factor"), and Apple already has plenty of that, so all the money Apple spent for that piece of Tesla's value would be pure waste. And that's before you get into the fact that huge acquisitions, where the acquired company is in a totally different sector than the buyer, almost never work.
- fooker 8y agoBoth Apple and Tesla sell luxury electronics. The difference is in just in the size and the number of moving parts.
- whoisjuan 8y agoAt a market cap of 50bn, assuming they would pay a premium price of let's say 70bn, it's a completely pointless transaction. It's too much money that they could deploy more strategically into other verticals with less risk.