Apple to buy Adobe!?
A co-worker of mine mentioned this today and said he read it in some forum...I can't find it. But even more intriguing was that supposedly on Sep 10th, Phil Shiller will be giving the keynote at Seybold with a 'surprise' guest from Paris at the same time with a BIG announcement.
This guy is usually pretty good with the intel, but I can't find any evidence to the contrary.
Have you heard anything?
This guy is usually pretty good with the intel, but I can't find any evidence to the contrary.
Have you heard anything?
Comments
<strong>That's interesting. There's another thread here about Apple spending some cash. Adobe's stock is pretty low. However...I don't think Apple could get away with buying an Adobe and cancelling Windows versions.</strong><hr></blockquote>
Why not? They don't have a version of FCP for Windows and video pros swear by it. If Apple were to purchase Adobe and kill off Windows apps it would TRULY show that the Mac is the premiere realm for content creators and get them to 'switch' as Apple is pushing so hard for.
[ 08-02-2002: Message edited by: Mr. Fantastic ]</p>
"Apple iPhotoshop"??
bleck and bleck
They just don't have the same ring without the "Adobe"
<hr></blockquote>
Not only that, but it would show that the Mac is the ONLY realm for content creators.
Apple's Market Cap: US$5.1 Billion
There is no way this would be possible.
Yes, I know, market cap isn't everything, but still, this isn't like snapping up Nothing Real or eMagic with some change found in the couch.
On a scale of 1 ---> ass, I rate this rumor:
Ass.
ting5
<strong>Adobe's Market Cap: US$5.9 Billion
Apple's Market Cap: US$5.1 Billion
There is no way this would be possible.
Yes, I know, market cap isn't everything, but still, this isn't like snapping up Nothing Real or eMagic with some change found in the couch.
On a scale of 1 ---> ass, I rate this rumor:
Ass.
ting5</strong><hr></blockquote>
Technically, it can be done. Small companies have swallowed up larger companies before, but it is very rare. It would require a huge chunk of Apple's 4B+ cash reserves, of which the interest from it has been keeping Apple in the black, serious stock dilution, and possibly debt; all for a company who's growth prospects are being questioned and for a product market that for the most part is so last decade.
Other Adobe products aren't that great anyway