The Apple Rumor Mill
The close knit “fan” community of Apple is well known to produce rumors galore - but this time the rumors are not started by that community but by the veritable website but by a report of the veritable website Marketwatch on a statement of Barron’s from Sunday. Now technology and financial market blogs like The Raw Feed are spreading the word … what word?
According to Barron Christopher Whalen, a managing director of Institutional Risk Analytics, said “Disney is badly undervalued right now. Jobs might get an opportunity to take it out.”. He is further quoted saying “The markets and Disney shareholders would welcome a merger led by their apparent savior, Steve Jobs”.
While the pure financial site is a fact, I doubt the part about the positive anticipation of the Disney shareholders. Potential synergies are limited and there is only so much Steve Jobs to go around to oversee all segments of a merged mega company. Also it is not as if Steve Jobs has shown any special expertise in the core markets of Disney as day to day manager. In fact in regard to the majority of the sectors Disney is active in, such as theme parks, he has no experience at all. Plus: why should Jobs be interested in creating a mega-company Apple-Disney, after he always made sure to keep Pixar and Apple seperate??