Jun 27 2014, 4:12am CDT | by BGR
We’ll be honest: When it comes to stupid Apple predictions, we didn’t think anything could beat Global Equities Research analyst Trip Chowdry’s declaration back in March that Apple had a mere 60 days to release an iWatch or it would “disappear.” However, The Washington Post has for some reason decided to give voice to North River Ventures consultant Francis McInerney, who thinks that Apple’s next big move will be buying Disney.
Yes, you read that correctly. McInerney thinks Apple — a company that’s so notorious for not making big acquisitions that its $3 billion deal with Beats was one of the year’s biggest shockers — will buy Disney, a massive corporation with a market cap of $145 billion that would be a logistical nightmare to merge with. We feel pretty confident in saying this will never happen as long as Tim Cook is in charge of Apple. In fact, even if the Apple board fired Tim Cook tomorrow and replaced him with Mark “$2 billion for Oculus” Zuckerberg, we can’t see the company trying to buy Disney.
However, McInerney insists that the logic of such a deal “is so great this could happen tomorrow.” Basically, McInerney believes that Disney will want to get out in front of the content streaming revolution that’s happening in entertainment these days and will be attracted to Apple’s cloud computing platform.
“This changing structure, this Gutenberg-like tectonic shift in human behavior based on the cloud’s ability to offer unlimited computing at marginal cost, says to Disney, ‘We’ve got to be on the platform to grow in the new space,’” he explains.
Back in reality, the Post notes that Apple now holds $151 billion in cash and marketable securities, which means that acquiring Disney would basically cost Apple its entire cash pile.
McInerney has amazingly put together a video making his case for why Apple will buy Disney that you can find embedded below.
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