Apple might bid for Disney as per market rumors

Apple might bid for Disney as per market rumors

Market research group Barron has claimed that Apple Computers just might bid for a possible buyout of the Disney group. This becomes more of a certainty after Apple Computers CEO Steve Jobs becomes the legendary entertainment firm’s largest shareholder.

Barron’s quoted analyst Christopher Whalen said in a statement on this claim: “I think he has an open option. Disney is badly undervalued right now. Jobs might get an opportunity to take it out.”

The possibilities are huge considering Disney is looking for an innovative leader and no one can do the job better than Apple’s Steve Jobs. Steve has been the primary reason behind the recent successes at Apple Computers with innovative product launches like the Apple Mac Mini, Apple iPod, and Apple iTunes.

Whalen further added: “The markets and Disney shareholders would welcome a merger led by their apparent savior, Steve Jobs.”