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.
Wednesday July 29, 2026 11:39 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 a report this week, he said the operating system will feature a grid of icons, widgets, and apps, along with customizable clock faces.
The new software platform is intended for Apple's long-rumored smart home hub. With built-in facial recognition,...
Wednesday July 29, 2026 12:03 pm PDT by Joe Rossignol
Apple this year acquired Israeli startup Q.ai for close to $2 billion, according to the Financial Times. That would make this Apple's second-biggest acquisition ever, after it paid $3 billion for the popular headphone maker Beats in 2014.
This is also the largest known Apple acquisition since the company purchased Intel's smartphone modem business and patents for $1 billion in 2019.
Q.ai...
Thursday July 30, 2026 3:43 am PDT by Tim Hardwick
We're less than two months out from the launch of Apple's premium next-generation smartphone lineup, and while we're not expecting a dramatic change in terms of functionality, there are still several enhancements rumored to be coming to the iPhone 18 Pro and iPhone 18 Pro Max.
One thing worth noting is that Apple is reportedly planning a major change to its iPhone release cycle this year,...
Apple's first foldable iPhone, with a book-style design featuring a ~5.5-inch outer display and a ~7.8-inch inner display with a minimal crease down the middle.
