Ok so it’s probably a crazy idea and there’s no hint that it will happen but it sounded interesting so I thought I would explore it.
The idea came to me on the back of the recent PSN hack and Microsoft’s deal for Skype. Apple is sitting with an ever growing amount of cash on its balance sheet. Cash and short term investments now total an enormous $29 billion. That’s money which is not doing a great deal and many analysts believe it could be put to better use by acquiring other companies. Microsoft has made its move by buying Skype. Now its Apples turn.