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Message: 10+ figures re: Apple to buy
5
May 08, 2014 08:35PM

I'd like to seek Cook put AAPL's money where his mouth is.

ie, here.

GLTA,

R.

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Apple is said to be paying $3.2 billion dollars for the company, a sum that dwarfs the $404 million Apple spent to acquire NeXT in 1996, its largest purchase to date. As of its last earnings call, Apple had some $150 billion in cash on hand, plenty to cover the large acquisition.

Tim Cook said earlier this year that the company was open to making large acquisitions if the purchases made sense. "We have no problem spending 10 figures for the right company, for the right fit that's in the best interest of Apple in the long-term."

http://www.macrumors.com/2014/05/08/apple-to-acquire-beats/

5
May 08, 2014 10:37PM
1
May 09, 2014 09:37AM
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