Wall Street bankers don't think Apple will buy anything big, but here's what they'd recommend
Publishing timestamp: 2019-01-06 14:45:11
Summary
Apple may need a new growth story for investors, and CEO Tim Cook hasn't ruled out large acquisitions. Wall Street bankers suggest Salesforce, Disney, or Tesla as potential options for Apple. While it's unlikely Apple will make a large deal due to cultural challenges and market backlash, some believe it might be necessary for renewed growth. Potential acquisitions could include Salesforce to shift focus to enterprise software, Disney for original content, or Tesla for a cleaner fit with Apple's core competencies. Despite challenges, Apple's huge cash reserves could make these acquisitions possible.
Sentiment: MIXED
Tickers: TSLA, DIS, CMCSA, MSFT, GOOGL, AMZN, AAPL,
Keywords: walt disney co, amazon.com inc, microsoft corp, apple inc, tesla inc, comcast corp, business news, alphabet inc,
Source: https://www.cnbc.com/2019/01/04/what-wall-street-bankers-think-apple-should-buy.html