The Walt Disney Company has been doing pretty well for itself, acquiring huge entertainment companies that used to serve as Disney's competition like Marvel and Lucasfilm. However, while the company currently stands as the world's second largest media conglomerate, rumor has it that American multinational technology company Apple is setting its sights on Disney.
According to a report by Variety, RBC Capital Market's speculative analysis indicates that Apple might be able to find a way to get $200 billion-plus to purchase Disney and create a company that's worth $1 trillion and filled with "almost limitless opportunities in content and technology."
"Recently, investors have increased their expectations that Apple could seriously consider acquiring Disney," RBC analysts Steven Cahall and Leo Kulp wrote in the note. "Content is a major focus for Apple, target size is not an issue, and Disney offers an avenue to diversify away from hardware without diluting the strong Apple brand."
"We like Disney's fundamentals. Assuming Apple sees the same thing and has the cash, investor anticipation of a prospective transaction only adds conviction to the momentum we see in Disney's shares," Cahall and Kulp wrote.
For now these analytic panderings of RBC Capital remain speculation, but if Apple were to own Disney, it would mean a lot of things for Hollywood viewers and movie goers. Not only would the combination of the two create an instant competitor to Netflix (given the mix of Apple's user base and the Disney's content), but it would also mean Apple tech integrated in Disney Theme Parks, and Disney media integrated with Apple platforms.
What are your thoughts on the possibility of Apple purchasing Disney? Share your thoughts in the comment section below.
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