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Apple has always been very conservative and exceedingly smart when it comes to buyouts, and a takeover of Facebook seems unlikely, to say the least. Purchasing
by michaelchisari 16y ago
Apple has always been very conservative and exceedingly smart when it comes to buyouts, and a takeover of Facebook seems unlikely, to say the least. Purchasing a company with a current P/E ratio of 500 to 1000, in an industry Apple has little experience with, seems like it would be very uncharacteristic.
I could be wrong, but I think this is a good example of a baseless rumor that won't go away.