Apple to buy Tesla (500 billion), Disney (180 billion), Peloton(4.5 billion), Soccer team(7.5 billion).
History of Apple acquisitions: #1 most expensive acquisition, Beats for 3 billion dollars. It was suggested by some to be overpaying but Apple had a big need to both advance their music streaming offer and their earbud design capability. Beats gave both. It was a very strategic acquisition that had a plan to pay off many times over.
So Apple that is almost frugal with acquisitions will pay 250% of the Beats cost to acquire a soccer team? Lol, Apple is being used as the anonymous or not so anonymous deep pocket for negotiators to get more out of whoever is an actual buyer.
Facebook
Twitter
Instagram