AS APPLE’S stash of cash grows, so does the possibility that the world’s most valuable company will use some of the money for a huge acquisition that would expand its empire beyond iPhones and other gadgets. The company currently holds more than a quarter-trillion dollars it could use to go shopping. So far, the guessing game has primarily focused on possible targets such as Netflix and Tesla Motors. Either deal could make sense, given Apple’s long-running interest in providing a TV service to consumers and its more recent work on self-driving cars.
via Technology | news.com.au — Australia’s #1 news site http://ift.tt/2oYYYtH
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