
Chalk this up as one of the strangest - if not the very strangest - Apple rumor we've reported this year or any other in recent memory.
But if Francis McInerney, a consultant at North River Ventures, is correct (and most people don't think there's a remote possibility that he is), Apple may one day acquire Disney.
Yeah, that Disney.
While it's no secret that Apple and Disney have retained close ties in a relationship that dates back to Steve Jobs' passion for and working arrangement with Disney, a potential Apple acquisition of the venerable family entertainment company seems highly unlikely, even if - and that's a big if - Apple even wanted to purchase Disney.
But for now, McInerney doesn't see it that way.
“The logic is so great this could happen tomorrow,” McInerney says. “The two companies have an identical way of thinking in complementary markets. There’s nothing they do that competes with another. And yet combined this would be a powerhouse deal in the imagining."
It should be noted, however, that with Disney’s market cap of $143 billion, it would take nearly all of Apple's available cash to execute the purchase - and perhaps much, much more. To date, Apple's biggest acquisition has been for a relatively paltry $3 billion. We're referring, of course, to last month's purchase of Beats Electronics.
Nonetheless, McInerney calls a potential Apple-Disney deal “frighteningly obvious.”
Source: The Washington Post
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