Apple looking to buy Disney?!?!

[the.dreamfinder]

Apple has laser focus on what it does, I don't see them wanting to be so diverse and bogged down with problems like espn.

I think they've learned from Sony too.

 

[No Name]

I would be quite upset if Disney ever decided to sell itself to another company.

Though if it had to happen, I would rather it be a company like Apple that buys them. Not some giant holdings company or large bank.

I feel that only a company with a distinguished founder and strong story can truly understand, and should run, a company with a distinguished founder and strong story.

 

[biggy H]

Well that would be the end of my love for Disney and I know and awful amount of other people who would think the same. Worst possible thing that could happen.

 

[jt04]

Fake news imo.

 

[GrumpyFan]

Well that would be the end of my love for Disney and I know and awful amount of other people who would think the same. Worst possible thing that could happen.

I could think of much worse.

 

[Stripes]

The 200 billion is very misleading as well. Due to all the complexities of their finances, it's a phantom number and not a disposable number. From some of the business reports that I've read, the real accessible number is between 50 and 80.

They have enough money to buy Disney. Barely, but they do. Personnaly, I think I would be a positive move for both companies. Do I think it will happen? Not in the slightest.

 

[HMF]

I am skeptical but if Apple can run Disney more competently than the Weatherman I guess they should go for it.

 

[jaxonp]

Also, doesn't Steve Jobs wife sit on Disney's Board?

 

[HMF]

Fake news imo.

Any piece of news that certain people don't like is fake news in this day and age. Our world has literally devolved into what was addressed on the first episode of the Colbert Report.

 

[jt04]

I am skeptical but if Apple can run Disney more competently than the Weatherman I guess they should go for it.

I can think of better fits for Apple. Such as Six Flags and Sea World.

 

[HMF]

Also, doesn't Steve Jobs wife sit on Disney's Board?

I don't know about that but the Jobs Estate is the largest individual stockholder in the company last I heard.

 

[jaxonp]

I can think of better fits for Apple. Such as Six Flags and Sea World.

Samsung is a better fit for that. Disney and Apple are both the leaders and premium products in their fields. Check that again..

 

[jaxonp]

Samsung is a better fit for that. Disney and Apple are both the leaders and premium products in their fields. Check that again..

because of PIXAR

 

[HMF]

I can think of better fits for Apple. Such as Six Flags and Sea World.

No ones touching Sea World after what happened with Ringling Brothers and Barnum & Bailey Circus.

 

[ford91exploder]

I think this is worth a thread if nothing more than to speculate about whether or not the parks would be in a better or worse off position with Apple at the helm.

Personally, I can't imagine that this would be a positive move for Disney purists like many of us. I love Apple's products but I worry about what new ownership would mean for preserving whatever nostalgia-conjuring attractions remain.

With an apple deal ESPN and Parks and Resorts would be quickly sold

 

[Chef Mickey]

First off, most of that 200 billion is off-shore, so they wouldn't be able to use any of that for a purchase of an American company. I think these analysts all need to take a long walk off a short pier, as the majority are just full of it. This ain't ever happening.

While true that most of Apple's cash is offshore, it could be coming onshore very soon. With the replacement of Obamacare failing today, the next item on the agenda is tax reform and a 10% tax on cash repatriation is a very real possibility.

With $231b overseas, Apple could literally bring home $215b, which comfortably buys Disney at current valuation, plus a 20% premium. Not sure DIS shareholders would approve that, but Apple could easily swing it...without even raising capital or using leverage. It's insane that's true, but it is true.

 

[Chef Mickey]

The 200 billion is very misleading as well. Due to all the complexities of their finances, it's a phantom number and not a disposable number. From some of the business reports that I've read, the real accessible number is between 50 and 80.

That's completely false under a revised tax plan. Apple really does have $231b cash overseas and can bring it back, but won't because the current tax code would burden them with a 35% tax. They issue bonds to fund their capital return program and the cash is used as sort of collateral, but that could easily be reassigned and absorbed by future earning power. AAPL makes $50b/yr in profit.

 

[mm121]

Although the chances of this happening are slim, it would be interesting to see if there would be any changes in the amount of theme park investment.

Apple would just close the physical theme parks and make virtual reality theme parks that you explore via your iphone

 

[mm121]

No ones touching Sea World after what happened with Ringling Brothers and Barnum & Bailey Circus.

How are Sea World and Ringling connected? I know one is in trouble for treatment of the Orcas and the other for Elephants, but didnt know they were connected on a business level.

 

[HMF]

How are Sea World and Ringling connected? I know one is in trouble for treatment of the Orcas and the other for Elephants, but didnt know they were connected on a business level.

You really think any company wants PETA on their .