Every so often a certain rumor about a possible merger involving Apple and Disney hits the media. The last time we discussed the possibility of such a transaction was in January 2019 whenWe obviously were onto something since just a few months later then Disney CEO Bob Iger mentioned an interesting story in his autobiography.
Disney's returning CEO Bob Iger once said that had Jobs lived, both sides would have discussed a mergerIger would have met with Jobs about combining the two firms . For those unaware, after being kicked out of Apple by his own hand-picked replacement , Jobs ended up investing in and becoming CEO of Pixar Animation Studio. In 2006, Steve Jobs helped sell Pixar to Disney for $7.4 billion which left him the largest shareholder in Disney for several years. It also gave Steve a seat on Disney's board.So this relationship has fueled past rumors of an Apple-Disney merger. And Iger threw some fuel on the fire back in 2019 with his autobiography.
When Steve came back to Cupertino, he had a series of new product releases that might be unequaled in tech history. First came the translucent iMac G3. The iPod was next and that was obviously a massive success for Jobs and. A year later, the iMac G4 was released with an all-in-one design. Next came the iPhone and then the iPad. Not a bad run of products.
But let's return to today's town hall, shall we? According to Deadline, Iger addressed rumors about a rumored Apple-Disney merger. What rumors he was referring to are unknown since this writer hasn't heard anything about such speculation for years. Nonetheless, Iger, who once upon a time was on Apple's board , said that such talk amounted to poppycock. Iger says that any report of an Apple-Disney combination is"pure speculation.
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