#Apple has $250 billion in cash. Does that mean it should acquire #Adobe Systems? As an Adobe shareholder, I think that is a terrible idea. (I have no financial interest in Apple securities). To be sure, Apple has a growth problem. Its 2016 revenues fell about 8% from the year before -- a far worse performance than Adobe's 23% 2016 revenue growth. And it has never in the past used acquisitions as a way to solve such problems. Instead, Apple has innovated -- taking a chunk of the MP3 player market with its iPod, the smart phone market with the iPhone, and the tablet business with the iPad.
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