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Globalstar, Inc. Mkt cap 3.71B. Do I have to be the angry parent with the shotgun or are Apple going to make an honest woman out of Globalstar and just buy the

Globalstar, Inc. Mkt cap 3.71B. Do I have to be the angry parent with the shotgun or are Apple going to make an honest woman out of Globalstar and just buy them. There is probably enough down the back of the sofa at cuppertino to cover it. While we are at it someone might want to check Apple employee stock portfolios ... that is a strong 80% straight line rally in a bear market the last few months after they announced their profit margins were -72% in June

neximo64 4y ago
It wouldn't actually be smart to buy Globalstar, if Apple did they're on the hook for that 3.71B + the cost theyd spend on those messages. This way they pay a relatively minute fee and can have a guarantee they can use Globalstar's existence to compete with others on with price. So they not only don't spend 3.71B they won't get back, the cost of those messages is relatively nothing and easy to compete on with others - for what is a commoditised service. They'd also force Globalstar to spend all that cash theyd get from Apple on their capex, at no risk to Apple. Almost a similar reason to outsource to Foxconn vs buy them and have it in house.
- shapefrog 4y ago
  Fair, given the 36.8mil of revenue for Globalstar, the annual deal for apple is going to be around that number, actual pocket change. I do disagree however, that global satellite coverage is a commoditised service just yet.
jsjohnst 4y ago
> Do I have to be the angry parent with the shotgun or are Apple going to make an honest woman out of Globalstar and just buy them. So the way to make an “honest woman” is to force somebody “to marry her at gunpoint” you say? The previous century called and would like their antiquated statements back. I’m sure you didn’t mean to be sexist, just pointing out the obvious about how bad that phrase is these days.
- shapefrog 4y ago
  You can boycott a 2022 film with your outrage at the antiquated out of use phrase then. You can add to the offended people complaining about how inappropriate Amazon Studios productions are. https://en.wikipedia.org/wiki/Shotgun_Wedding_(2022_film) https://en.wikipedia.org/wiki/Shotgun_Wedding_(2022_film)

neximo64 4y ago

It wouldn't actually be smart to buy Globalstar, if Apple did they're on the hook for that 3.71B + the cost theyd spend on those messages. This way they pay a relatively minute fee and can have a guarantee they can use Globalstar's existence to compete with others on with price. So they not only don't spend 3.71B they won't get back, the cost of those messages is relatively nothing and easy to compete on with others - for what is a commoditised service. They'd also force Globalstar to spend all that cash theyd get from Apple on their capex, at no risk to Apple. Almost a similar reason to outsource to Foxconn vs buy them and have it in house.

shapefrog 4y ago
Fair, given the 36.8mil of revenue for Globalstar, the annual deal for apple is going to be around that number, actual pocket change. I do disagree however, that global satellite coverage is a commoditised service just yet.

jsjohnst 4y ago

> Do I have to be the angry parent with the shotgun or are Apple going to make an honest woman out of Globalstar and just buy them. So the way to make an “honest woman” is to force somebody “to marry her at gunpoint” you say? The previous century called and would like their antiquated statements back. I’m sure you didn’t mean to be sexist, just pointing out the obvious about how bad that phrase is these days.

shapefrog 4y ago
You can boycott a 2022 film with your outrage at the antiquated out of use phrase then. You can add to the offended people complaining about how inappropriate Amazon Studios productions are. https://en.wikipedia.org/wiki/Shotgun_Wedding_(2022_film) https://en.wikipedia.org/wiki/Shotgun_Wedding_(2022_film)