How Apple's Market Share Will Propel Stock to $500, Part 2 [View article]
I can't do the arithmetic to say that AAPL might reach a particular target, but I can see that Apple is a very unusual company. They have no debt, a huge amount of cash, no legacy technology holding them back, they own their own technology and designs. They now have this fantastic machine for developing new tech products. They are not limited to PCs, iPods and iPhones. Any consumer product that involves software is a potential target for Apple expansion. This will be fantastic to watch.
With a King's Ransom in Cash, Why Still No Buying Spree in the Tech Space? [View article]
Last year Apple bought P.A. Semi. That probably was a good indicator of their thinking. They didn't buy them simply to get bigger or because they were cheap they bought them because they wanted the talent and IP.
Going forward I'd expect more of the same. They'll buy a company if they identify it as owning some IP that they think will help them accelerate the main business.
Certainly price would be important if they were to look at trying to ingest Adobe. However, if they want to acquire a smaller company owning critical IP what difference does it make if the price is $50M or $100M if the end result is they can increase sales by 10% (about $4B/year now)?
How Apple's Market Share Will Propel Stock to $500, Part 2 [View article]
With a King's Ransom in Cash, Why Still No Buying Spree in the Tech Space? [View article]
Going forward I'd expect more of the same. They'll buy a company if they identify it as owning some IP that they think will help them accelerate the main business.
Certainly price would be important if they were to look at trying to ingest Adobe. However, if they want to acquire a smaller company owning critical IP what difference does it make if the price is $50M or $100M if the end result is they can increase sales by 10% (about $4B/year now)?