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Silicon Alley Insider's Dan Frommer reports that after a spate of corporate acquisitions late last year and earlier this year bringing such firms as Quattro Wireless, Lala Media, Intrinsity, and Siri on board, Apple may not yet be done shopping around for companies to acquire. In fact, Apple may be looking at somewhat larger deals than those undertaken in recent months, expanding deal values out to as much as $1 billion.
Apple's shopping spree isn't over, and the company is looking at all kinds of deals, even up to $1 billion. This is being led by Apple's newish deals guy, former Goldman banker Adrian Perica.
The report appears to be based primarily on gossip coming out of CEO dinner moderated by Frommer last night, and addresses a number of topics beyond Apple that are currently the scuttlebutt of industry insiders. And with Apple's iPad and iPhone 4 out the door, the time seems ripe for the company to increase its focus on some other areas.

Another tidbit of information coming out of the dinner is discussion of Apple's next major move being into television. While Apple has clearly been playing a minor role in television with the Apple TV and its iTunes Store video offerings and there have been rumblings that it is looking to get a television deal done, it seems that Apple may finally be ramping things up. In particular, Apple's renaming of "iPhone OS" to "iOS" is seen as setting the stage for the platform to move away from mobile and into other devices, as has been rumored for Apple TV.
Apple's next big move is going to be TV. Besides the leaks of a supposed new Apple TV device, the company also renamed its iPhone OS "iOS," foreshadowing a future beyond mobile devices. The company's move into advertising -- mobile, so far, but no reason it can't extend into TV somehow -- is another hint.
Possibly lending credence to claims of a significant push into television, a Bloomberg report today also notes that Jobs is set to attend the annual Allen & Co. media conference in Sun Valley, Idaho for the first time since 2005. The conference draws many of media's top executives and is a common venue for networking and dealmaking.

Article Link: Apple Looking at More Corporate Acquisitions, Prepping Move Into Television?
 

bballmitch2

macrumors newbie
Jun 18, 2010
7
0
This would be crazy. Phone, Computers, Televisions, Hard Drives, MP3 players, Monitors, DVRs... Apple will never stop. I like it :D
 
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BaronStein

macrumors regular
Feb 11, 2010
135
0
NY
I remember Steve Jobs saying on D8 that TV business is not profitable enough and yet to be only a hobby as companies distributing set top boxes free with subscription. It would be interesting if they would act different.
 
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EnigMoiD

macrumors member
Aug 10, 2007
99
0
Apple TV, more than a hobby? I hope they stick to computers and phones... Apple's already in so many markets.
 
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talkingfuture

macrumors 65816
Dec 4, 2008
1,216
0
The back of beyond.
Could be some interesting times ahead. It would be good to see them get a bit more heavily involved in TV and Movies.

I wonder if they could set up a streaming network to circumvent the satellite/cable companies and buy content straight from the studios?
 
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claud9999

macrumors newbie
Dec 12, 2007
18
1
Possibly lending credence to claims of a significant push into television, a Bloomberg report today also notes that Jobs is set to attend the annual Allen & Co. media conference in Sun Valley, Idaho for the first time since 2005. The conference draws many of media's top executives and is a common venue for networking and dealmaking.

<sarcasm mode="biting">
Yeah I don't know why Jobs would want to go to this event. Not like he's involved with Pixar or Disney or anything. And of course his absence from this conference since 2005 has nothing to do with a liver.

And not like I can get a tv show through iTunes or anything...
</sarcasm>

Move along, nothing to see here.
 
Comment

Block

macrumors 6502a
Jun 28, 2007
843
1
I remember Steve Jobs saying on D8 that TV business is not profitable enough and yet to be only a hobby as companies distributing set top boxes free with subscription. It would be interesting if they would act different.

He also had similar things to say about tablet computers before the iPad was released.
 
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