10 Companies Apple Almost Bought In The Past 10 Years

Loading...
Loading...

Apple Inc. AAPL was reportedly on the verge of taking a large stake in ride-sharing company Lyft. However, Apple has a long history of opting to hold onto its cash.

Here are 10 companies that Apple considered buying in the past decade.

  1. Tidal (2016)Apple was reportedly in talks to acquire Jay Z’s music streaming company as recently as last month, but so far no deal has been announced.
  2. Time Warner Inc TWX (2015) – Apple senior vice president Eddy Cue reportedly pitched the idea of a buyout to Time Warner head of corporate strategy Olaf Olafsson.
  3. Netflix, Inc. NFLX (2016) – The Time Warner news led to reports that Apple had shifted its media focus from Time Warner to Netflix. However, there has been no official news on a potential deal.
  4. Discover Financial Services DFS (2014) - Apple reportedly considered a buyout of the financial giant as a backup plan if its Apple Pay launch didn’t go smoothly.
  5. Square Inc SQ (2014) – Reports of Apple’s interest in Square made sense given its focus on Apple Pay at the time.
  6. Tesla Motors Inc TSLA (2013) – Apple head of acquisitions Adrian Perica reportedly met with Tesla CEO Elon Musk back in 2013 to discuss a potential buyout.
  7. BlackBerry Ltd BBRY (2013) – Apple was reportedly one of the companies interested in acquiring a large portion of BlackBerry’s assets in the event of a breakup, but no such deal ever materialized.
  8. Hulu (2011)– Back in 2011, Apple was in talks to acquire video streaming company Hulu, but never pulled the trigger on a bid. 
  9. Twitter Inc TWTR (2009) - Some things never change. The Twitter buyout rumors have been constantly swirling for nearly a decade now, and Apple was reportedly close to a deal to buy Twitter at one time.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsRumorsM&ATech
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...