2010-10-26

Could Apple Buy Sony? Absolutely Not

First, call me a negative Nancy but the rumors that Apple could buy Sony - Lord knows Sony needs some better management - are false. This sort of thing seems more like a solo Steve Jobs move than a move by Apple proper. Now that that's out of the way, let's take a look at where all this speculation comes from. In his earnings call, Jobs said, when asked what they would do with the $51 billion in cash it has lying around:
?We would like to continue to keep our powder dry, because we do feel that there are one or more strategic opportunities in the future."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/FObUa0ay8QI/

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