Disney CEO Bob Iger may want to eventually sell Disney to Apple, but it’s unclear if Apple wants to buy Disney.
EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers' under strict competition rules
"I believe that if Steve were still alive, we would have combined our companies, or at least discussed the possibility very seriously," Iger wrote. Still, it's not clear Apple would have any interest in buying Disney. Beyond its treatment of M&A as anathema, Apple has no core competency running theme parks or selling the kinds of consumer products Disney offers. It almost certainly wouldn't want to be in the dying cable television business.
On the other, if Apple wants to spend more than $100 billion on an acquisition, getting an ESPN business with shrinking subscribers and a content business centered around streaming, which currently loses money, may not be its deal of choice., potentially the company's next major growth division, but that's probably not enough of a reason to make an acquisition.
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