The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Barron's: Apple Could Buy Disney

Barron's: Apple Could Buy Disney

by , 4:15 PM EST, February 27th, 2006

Barron's over the weekend speculated (subscription required) that Apple could make a bid to buy Disney, now that CEO Steve Jobs is its largest shareholder and sits on its Board of Directors. The financial publication quoted analyst Christopher Whalen as saying: "I think he has an open option."

Mr. Whalen, who is managing director of Institutional Risk Analytics, continued: "Disney is badly undervalued right now. Jobs might get an opportunity to take it out." Greg Morcroft, writing about the news for MarketWatch, added: "Whalen argues that Jobs' unique familiarity with both the content and technolgy sides of Hollywood make the case for a bid more compelling."

The Orlando Business Journal noted that Disney's stock was up and Apple's was down in early Monday trading, in light of the speculation. Apple's shares rebounded before ending the day at US$70.99, down 0.66%. Disney closed trading at $28.39, up 1.47%. Its stock never dipped into negative territory.

Recent Headlines - Updated September 22nd

Mon,4:19 PM
Last Chance to Register for MacBook Air Giveaway
2:44 PM
Strong iPhone 6 Sales Boost Canaccord’s AAPL Target to $115
1:35 PM
TMO Daily Observations: 2014-09-22
10:05 AM
Linex Technologies Ordered Apple’s Legal Fees in Patent Infringement Case
8:54 AM
iPhone 6, iPhone 6 Plus Launch Weekend Sales Hit 10 Million
Sun,11:42 AM
MGG 520: Wrapping Up Tech Week With iOS 8 & More
Sat,7:27 PM
Fun Rant about Those Who Claim Apple is the Copier
12:27 PM
How to Make Your iPhone 6 Work with Your AT&T MicroCell
Fri,7:51 PM
iOS 8 App Store Bundles Explained
7:23 PM
WSJ Lines Up Tim Cook to Kick Off Inaugural WSJDLive Conference
5:42 PM
Learn Apple’s New Swift Programming Language for $19
5:00 PM
Apple iPhone 6 Plus - the Word That Shall Not be Spoken: Phablet
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!