It’s hard to avoid the rumors surrounding Apple (NASDAQ:AAPL) and how a Disney (NYSE:DIS) acquisition would pan out. Though there are many ways Disney could enhance Apple’s ecosystem, I’d argue that the iPhone maker would be better off buying Japanese video game maker Nintendo (OTC:NTDOY) to potentially jolt the iPhone and Vision Pro as it looks to move further into the gaming waters. Either way, I am bullish on Apple stock as shares cool for autumn.
Undoubtedly, there are some serious troubles at the House of Mouse right now. The stock is heavily discounted, now down around 60% from its all-time high hit back in 2021. Still, the $152 billion behemoth isn’t just too large to be an acquisition target (maybe except by titans like Apple), but there are too many moving parts to the business, and they don’t appear to be moving gracefully together these days.
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