There are no new stories, only new reporters.
From Luke Lango’s 7 Companies Apple Should Consider Buying, posted last week on InvestorPlace:
One of the world’s largest companies — Apple — with one of the biggest net cash balances ever — $122 billion — continues to promise that it will be “net cash neutral” over time. That means AAPL still has $122 billion to deploy to buybacks, dividends, acquisitions, investments, so on and so forth.
At this point in time, it seems the smartest path forward would be for Apple to use that $122 billion on a big-time acquisition…
The list of companies Apple could buy is long. The company has enough net cash to essentially acquire any company in the world. But, the list of companies Apple should buy is short.
Indeed, I think it as short as seven companies. Thus, let’s take a look at seven companies that Apple should buy as it aims to be net cash neutral over the next few years.
My take: Really? May I suggest that the prolific Mr. Lango, who in three weeks has churned out 58 stories for InvestorPlace, take a moment to review the kind of acquisitions Apple actually makes. The list.