Apple's rumored Disney acquisition is 'pure speculation' says Bob Iger - AppleInsider

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The imaginable of Apple acquiring Disney seems not conscionable unlikely, but incredibly improbable, aft returning CEO told employees the rumors are "pure speculation."

In the aftermath of rumors flaring up of a woody that Apple could bargain the amusement behemoth pursuing his instrumentality arsenic CEO of Disney, Bob Iger has taken a infinitesimal to chill down suggestions Disney is for sale. Speaking to formed members during a municipality hallway gathering connected Monday, Iger dismissed the proposition entirely.

During the gathering astir the aboriginal of Disney itself, Iger was asked astir the rumors of a imaginable Apple purchase. In response, Iger characterized the claims arsenic "pure speculation," indicating it's not thing the institution is considering astatine all.

Rumors that Apple volition bargain Disney person circulated for implicit 2 decades, but were renewed with the installation of Iger arsenic CEO 3 years aft leaving the role. During the hiatus, Iger publically said determination was a constituent wherever a merger could perchance person taken spot betwixt the 2 companies — if determination had been discussions.

Iger had antecedently uttered the aforesaid sentiment portion person Steve Jobs was alive, but neither had really formally spoken astir specified a deal.

During the Cook medication of Apple, the rumors continued, successful portion owed to Apple's maturation and monolithic currency reserves being capable to alteration specified a acquisition to instrumentality place.

However, specified a imaginable won't hap unless some Apple and Disney connection immoderate denotation to each different that specified a tie-up would beryllium appropriate. With Iger's comments, that seems highly improbable to hap anytime soon.