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 July 7th

Tue,11:38 AM
LEGO Ideas Brings Ada Lovelace, Analytic Engine to Life
10:07 AM
Apple’s Eddy Cue: Music Home Sharing Could Return in iOS 9
8:50 AM
Apple Music: Three Quick Tips!
Mon,9:29 PM
Amazon Cloud Drive Comes to iOS App Store
7:40 PM
PHATASS, the Prince Harvey Rap Album Recorded at an Apple Store
5:55 PM
An Electric Car Won this Year’s Pikes Peak Hill Climb
5:20 PM
Keyport High-Tech Multi-Tool: $39.99
5:15 PM
Apple Stores Are Holding the New MacBooks Captive
3:20 PM
3 Free iPhone Apps for Tracking the International Space Station
1:11 PM
TMO Daily Observations 2015-07-06: Dr. Mac’s Apple Music and Siri Problems
10:49 AM
Amazon Invents the New Black Friday: Prime Day
9:32 AM
How to Control Apple Music “For You” Playlists
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!