Reuters reports that Sony Corp's stock rose nearly 3 percent on Tuesday due to reports of a possible Apple acquisition of Sony. Speculation about Apple making a major acquisition has been in full force since Apple's latest financial results revealed a cash stockpile of $51 billion. Steve Jobs also hinted that he anticipates using the cash for strategic opportunities in the future:
"We strongly believe that one or more very strategic opportunities may come along, that we can take, that we're in a unique position to take advantage of because of our strong cash position"
Those comments, of course, resulted in analysts generating a long list of potential acquisition targets for Apple including EA, Netflix, Disney, Facebook, Adobe and even Sony. As far as we can tell, there has been no credible source pinpointing any actual intentions from Apple surrounding these companies.
As Apple's cash position grows, there will certainly be more speculation about possible large acquisition targets. One analyst even projects that at their current revenue growth rate, they will hit nearly $90 billion in cash reserves by 2012.
Sunday September 20, 2026 7:24 pm PDT by Joe Rossignol
In May, Apple agreed to pay $250 million to settle a U.S. class action lawsuit over Siri AI's delayed launch, and the settlement website is now live.
Apple will pay an estimated $25 per eligible iPhone to eligible customers, who can submit a claim via the settlement website between September 21 and December 21 of this year. The exact payment may be higher or lower than $25 depending on the...
Tuesday September 22, 2026 9:19 am PDT by Joe Rossignol
Apple is developing an all-new operating system that is essentially a mix of tvOS, watchOS, and iOS, according to Bloomberg's Mark Gurman.
In his latest Power On newsletter, Gurman reiterated that the operating system will feature a grid of app icons, widgets, and customizable clock faces.
The new software platform is intended for Apple's long-rumored smart home hub. With built-in facial...
Monday September 21, 2026 4:29 am PDT by Tim Hardwick
Apple's 20th-anniversary iPhone lineup could feature slightly larger displays than the iPhone 18 Pro models, if a new leak shared on Weibo is accurate.
Prolific Chinese leaker Digital Chat Station claims that early iPhone 20 Pro display specifications include a 6.41-inch screen with a resolution of approximately 2,686 × 1,236 pixels, while the iPhone 20 Pro Max is said to have a 6.96-inch...
Apple's first foldable iPhone, with a book-style design featuring a 5.4-inch outer display and a 7.6-inch inner display with a minimal crease down the middle.
