this post was submitted on 17 Aug 2023
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Apple
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Yeah this makes no sense for the reasons you stated. One of Apple strengths is their warchest of cash, why would they leverage that on something like this?
Disney feels like a big fucking gamble right now too. The only sentiment I'm hearing about them and streaming services in general right now is pretty negative and they've had to jack their prices up again recently to shore up balance sheets. Also if anything, Apple already suffers from institutional bloat within the organization. I don't see how they could remain focused with Disney now in the mix.
Like you, I'm not saying never, but this seems like one of the dumber big speculations I've heard in a while. I'd believe them buying a major video game studio way before I'd believe this.
Cash isn't always the right asset.