UNCOVERED: Speculation mounts about apple making an acquisition - Caught on Camera

Speculation has increased that Apple (AAPL) could be in the market to make an acquisition after Needham proposed last week that Apple could be in the market to acquire Walt Disney.  Needham said Apple could see a “material upside” of 25% if it purchased Disney, citing Apple’s distribution capabilities and Disney’s content. 

Over the years, many companies, including Netflix and Tesla, have been listed as potential acquisition targets for Apple.  However, speculators have been disappointed as Apple has refrained from making huge acquisitions.  Jensen Investment Management said despite Apple’s cash-rich balance sheet, “it’s a low-probability bet” that Apple makes a high-profile acquisition.