if Apple ever wanted Sun ...today is the day !

bluesignsbluesigns
Posted:
in General Discussion edited January 2014
Sun is down 78% today on major exodus by top level management.



it is still viewed by analysts as a long term winner.



if Apple wanted to swoop in and acquire the struggling firm it could be an interesting strategy play but one that would require a tremendous amount of commitment.

Comments

  • Reply 1 of 9
    eugeneeugene Posts: 8,254member
    It says Sun is down ~15%...
  • Reply 2 of 9
    splinemodelsplinemodel Posts: 7,311member
    I don't think it could or would happen, but it would be interesting considering that Sun was considering buying Apple a few years ago.
  • Reply 3 of 9
    ghost_user_nameghost_user_name Posts: 22,667member
    I want it to happen just because the new company should be called Sunapple.



  • Reply 4 of 9
    kaboomkaboom Posts: 286member
    [quote]I want it to happen just because the new company should be called Sunapple<hr></blockquote>Or S'napple
  • Reply 5 of 9
    bluesignsbluesigns Posts: 315member
    CORRECTION:



    sorry,



    that should read something more like;



    SUNW shares close down $1.21 to $6.97.



    Sun down 15% on the day, 63% off their 52 week high, 78% off their highs established in '2000.



    whoops.
  • Reply 6 of 9
    splinemodelsplinemodel Posts: 7,311member
    I think the problem remains that Sun's market capitalization is about 3 times that of Apple's. I always wonder why Apple has such shitty market cap. . . They are on of the surest bets on Wall Street these days.
  • Reply 7 of 9
    amorphamorph Posts: 7,112member
    Apple has always been valued at their cash plus some piddly percentage.



    As Charles Haddad(?) recently mused, Wall Street analysts are just beginning to figure out that Apple shouldn't be lumped with the PC box makers. They're a premium brand, not a commodity. (Hello? DUH?! <img src="graemlins/oyvey.gif" border="0" alt="[No]" /> ) Once they're clued in enough to figure out what Apple is actually doing, I think Apple's valuation will improve.
  • Reply 8 of 9
    spotbugspotbug Posts: 361member
    Sun goes down every day. Be up again tomorrow. Guaranteed!



    Sorry, couldn't resist.
  • Reply 9 of 9
    amorphamorph Posts: 7,112member
    [quote]Originally posted by spotbug:

    <strong>Sun goes down every day. Be up again tomorrow. Guaranteed!

    </strong><hr></blockquote>



    Be is up tomorrow? I thought they went down for good.



    Sorry, couldn't resist.
Sign In or Register to comment.