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Why do people think Apple will make a huge acquisition? There biggest purchase by far was NeXT for 400m back in '97 with PA Semi and Quattro coming in 2nd/3rd a
by wriq 16y ago
Why do people think Apple will make a huge acquisition? There biggest purchase by far was NeXT for 400m back in '97 with PA Semi and Quattro coming in 2nd/3rd at ~275m. A 30 Billion dollar purchase doesn't seem at all in their nature. Apple builds products and purchase companies as talent/ip acquisitions to help them reach their goals.
- smackfu 16y agoBecause they aren't paying dividends and just building up mounds of cash. Which is a pretty weird way to run a business.
- MichaelApproved 16y agoMost of the big tech companies have massive amounts of cash. Sure some give a dividend but its small amout and once you do that you stop being seen as growth company.
- wriq 16y agoIm guessing they will use the cash reserves to fund their own growth. They just bought HP's old campus in Cupertino and will spend quite a bit on the build out.
- loumf 16y agoBecause Steve Jobs basically said he would, and prices are low.