Quote from bwolinsky:
Lol.
Yang is a moron. Rather than sell at what clearly was way more than the company was worth he wanted to keep his job and maintain his personal status quo to the detriment of every shareholder even though it would have been more prudent to sell the company than let microsoft retract its bid.
There is no advantage for AAPL buying YHOO. None. Zero. I haven't seen or heard any rumors on my newswires and I follow a lot of wires. (Maybe with respect to AAPL, I see there has been some talk about YHOO but none with regard to AAPL acquiring YHOO).
Apple should not risk its strong balance sheet to gamble on any other company or growth prospects but their own. All any acquisition would do, especially one as large as Yahoo!, is send the stock price plummetting because not only would it really be just a huge drain of capital, but there is no other company in the world that has the internal cash flow that Apple does. So much so that they will keep growing, and the world would be coming to an end if they ever stopped selling iPhones.
I don't believe Apple needs to make any acquisitions, especially on a third rate company like Yahoo!.
PS: Every study in the country that's been done on search effectiveness shows that Google is superior in every way to any search engine you'd like to compare. Secondary databases built from third party financial reports like reuters are not an advantage or reason to use Yahoo's search engine, as it is clearly inferior just like every other search engine that isn't Google.