• Your favorite

    Apple

    ,

    iPhone

    ,

    iPad

    ,

    iOS

    ,
    Jailbreak
    , and
    Cydia
    site.
  • Will Apple Buy Facebook?


    Sometimes rumors are so crazy that they just might be true.

    Vague but pointed remarks by Steve Jobs during his surprise appearance on the Apple conference call has led to some speculation that Apple may be considering buying - of all things - Facebook. Peter Kafka at the Wall Street Journal's All Things D blog points out that Apple has a whopping $51 billion in the bank and that they could afford to buy the social networking giant when it goes public.

    When asked yesterday on the earnings call why Apple shouldn't return some of its huge pile of cash to shareholders in the form of dividends, Jobs replied as follows:

    We strongly believe that one or more very strategic opportunities may come along, that we are in a unique position to take advantage of because of our strong cash position. You know, we've demonstrated a strong track record of being very disciplined with the use of our cash. We don't let it burn a hole in our pocket, we don't allow it to motivate us to do stupid acquisitions. And so I think that we'd like to continue to keep our powder dry, because we do feel that there are one or more strategic opportunities in the future. That's the biggest reason.
    Kafka has no inside information suggesting that the "strategic opportunities" include buying Facebook, but he lists the benefits of the acquisition to Apple. First and foremost, Apple can afford it. Facebook is still privately held by Mark Zuckerberg and associates, and has grown from a Harvard-only version of Hot or Not in 2003 to become a company that will have an estimated market value of $35 to $40 billion US when they go public, supposedly next year. Apple could easily cover that and still have money left over to buy a record label or TV studio or two. Secondly, there is the matter of Facebook's enormous user base: half a billion people, or one out of every fourteen humans on the planet Earth, has a Facebook page. Each one of these would presumably gain iTunes and FaceTime accounts, giving Apple unquestioned dominance in online music and video chat. Apple and Facebook aren't currently competing in any realm, but both are competing with Google, and it's probably worth a very large sum of money to Steve Jobs to be able to jab a stick in Eric Schmidt's eye.

    Additionally, there's significant synergy. The Facebook app for iPhone has been estimated to be one of the most used apps on the iPhone, with over 100 million active monthly users. David Kirkpatrick, author of The Facebook Effect, claims that he has heard from "someone who thought he knew the data that more than half of all usage of the iPhone of apps, other than those provided by the phone itself like telephony and email, is coming from Facebook."

    It's pure speculation, again, so it's wise to not put a whole lot of stock in these rumors. On the other hand, there was word last week that Steve Jobs had Mark Zuckerberg over for dinner. There have been no reports on what they discussed at the supposed meeting, but many speculated that it had to do with Facebook-Ping integration. It would be very interesting if the "integration" they were talking about was at a very different level.

    Source: TUAW
    This article was originally published in forum thread: Will Apple Buy Facebook? started by Paul Daniel Ash View original post
    Comments 76 Comments
    1. DevouredDreams's Avatar
      DevouredDreams -
      Quote Originally Posted by eyepoper View Post
      DAMN.. You`re right....... forgot about Motoblur..
      Actually everyone that is linked to FB would be joining Apple.. and that would be kinda Great but also Bad !!
      DOnt know why BAD but..it would be bAD
      I wonder if apple will ever get in trouble for a monopoly? Well the still need windows then its a monopoly lol
    1. awesomeSlayer's Avatar
      awesomeSlayer -
      It's never going to happen. Never. EVER!
    1. Navagosostis's Avatar
      Navagosostis -
      guys its definatelly a speculation, but think about it, what powers it would instantly give to apple! first of all, a ready 500million userbase, with names, pictures, friends etc! second, ,more iADs. which means, instant income.

      and no, they would NEVER remove facebook from other smartphones, they are not stupid to lose the potential future customers. no matter how "alien" this rumor sounds, i bet that even if they didnt think about it before, now they will.

      ofcourse its all about zuckerberg wanting to let facebook go on apple, right??
    1. eyepoper's Avatar
      eyepoper -
      Personally
      APPLE has to come with someething to Distroy the Stupid Blackberry Messenger..
      That thing has to go AWAY !

      And this is the Time when Apple comes in with new Ideas.. Like since when do we know there were front sie Camera on phones?? A LONGGGG TIME... NOKIA.. Why didnt you boost the ability to use it...? Yeah there was no bandwidth ....but since How long does 3G exist Nokia? and Specialy in Europe? Well...it exist since hmm 2005 perhaps...... Yeah Nokia....Why Didn`t you boost and made you move on the Front Camera instead of making a phone that look like the iphone.... WELL........Thats a answer I cant tell........
    1. santiagodraco's Avatar
      santiagodraco -
      If anyone ends up buying Facebook it will be Google, not Apple.
    1. LamboFan's Avatar
      LamboFan -
      Hahahhaha! I agree!
    1. tonman23's Avatar
      tonman23 -
      Quote Originally Posted by z3r01 View Post
      i dont see google owning facebook as they want to make wave better...but i also dont see apple buying facebook
      google pulled the plug on wave a little while ago
    1. wolverinemarky's Avatar
      wolverinemarky -
      I think they should buy it if they can everything has FB integration now from post on modmyi which u can share on your FB and a ton of other sites. although I don't believe FB will always be worth as much as there estimating. I figure something better will come along and FB will end up like myspace.


      Sent from my iPhone using ModMyi
    1. Mes's Avatar
      Mes -
      Quote Originally Posted by Zeal View Post
      Imagine the amount of rules Apple would put into FB!
      +1
    1. DevouredDreams's Avatar
      DevouredDreams -
      Quote Originally Posted by wolverinemarky View Post
      I think they should buy it if they can everything has FB integration now from post on modmyi which u can share on your FB and a ton of other sites. although I don't believe FB will always be worth as much as there estimating. I figure something better will come along and FB will end up
      like myspace.

      Sent from my iPhone using ModMyi
      Agree something will be better than fb
    1. Zokunei's Avatar
      Zokunei -
      Quote Originally Posted by engelke2010 View Post
      Wait a minute... If Apple bought Facebook, would that mean all of the games would go away because they are flash-based?
      Who gives a crap about the lowest of low quality games that are Facebook apps? I don't know how in the HELL people find Farmville or Mafia Wars fun. And no, Flash games wouldn't go away, you can run Flash on Macs, they just don't want it on iOS. I'm almost starting to agree after using Frash…
    1. Nickaroni22's Avatar
      Nickaroni22 -
      I doubt this happens, but I could see Apple buying. Then charging monthly fees......
    1. that_girl's Avatar
      that_girl -
      Apple and Facebook...NO. I don't see that happening.
    1. Bluemoldycheeze88's Avatar
      Bluemoldycheeze88 -
      Quote Originally Posted by Funked View Post
      If it happens, I'll be waiting on a jailbreak for Facebook
      yes Limera1n will jailbreak facebook
    1. politicalslug's Avatar
      politicalslug -
      This article is nuts. There is no way Jobs would ever consider buying Facebook. Apple's stock price would plummet. No one is going to buy Facebook. There simply is no way to justify a purchase price of 40 billion dollars when not even a quarter of that could be recouped within a decade. Facebook doesn't make much (relative to the estimated value of the company).
    1. raduga's Avatar
      raduga -
      Quote Originally Posted by Funked View Post
      If it happens, I'll be waiting on a jailbreak for Facebook
      When you login, geohot gets friended automagically
    1. tudtran's Avatar
      tudtran -
      Apple would want to put too much restrictions.

      Plus they gonna put those stupid iads all over facebook.
    1. Rob2G's Avatar
      Rob2G -
      I hope they dont buy face book, I dont want to have to jailbreak that too.
    1. sziklassy's Avatar
      sziklassy -
      I never understood the point of facebook, twitter, etc. I tried to be "trendy" and update my life on the net... frankly I found it a stupid waste of time.
    1. Bluprint's Avatar
      Bluprint -
      It's not about facebook, it's about keeping their earnings. Once again fueled by greed.