Thursday, May 25, 2017

3 Reasons Apple Should Not Pay $90 Billion For Adobe Systems

#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.

https://www.forbes.com/sites/petercohan/2017/05/24/3-reasons-apple-should-not-pay-90-billion-for-adobe-systems/?c=0&s=StockWatch

No comments:

Post a Comment