Apple May Have Wasted $2 Billion Trying to Save Sharp

When Apple (NASDAQ:
AAPL
) quietly revealed that it wanted to
stop using Samsung supplies
, many wondered if the company
could survive without
its South Korean partner.
According to
Horace Dediu
, the analyst behind the Asymco blog, Apple may have increased its 2012 expenditures by more than $2 billion to give Sharp -- a rumored Apple supplier -- a helping hand.
AppleInsider
takes this speculation one step further by surmising that Apple poured $2 billion into the ailing display maker. This news comes only days after Sharp executives admitted that they
may not recover
SNE
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