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€uromeinke, FEJ. and Ghoulish Delight RULE!!! NA abides. |
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#1 |
You broke your Ramadar!
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Pixar bought by Disney. Disney bought by...
...Apple?
I know it's just a rumor at this point, but Barron's speculated that it could happen, and it's not too far-fetched. Could be cool - though I always prefer it when Disney is the big fish in the merger rumors. Since the Barron's story is only available to subscribers, here's the Marketwatch piece on it.
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#2 |
L'Hédoniste
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Iguess if AOL could buy Time-Warner, why not - gotta wonder how that deal would shake out. Would the Disney Store offer Mickey shaped Macs?
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I would believe only in a God that knows how to Dance. Friedrich Nietzsche ![]() |
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#3 |
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Join Date: Feb 2006
Location: 35 minutes too far from Disneyland
Posts: 76
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Apple will be announcing the purchase of Disney tomorrow Feb. 28th at there special event. Bah, j/k.. but seriously, they might announce either the new ibooks or mac mini's.
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#4 |
L'Hédoniste
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iMickey?
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I would believe only in a God that knows how to Dance. Friedrich Nietzsche ![]() |
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#5 |
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Join Date: Feb 2006
Location: 35 minutes too far from Disneyland
Posts: 76
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check this site out. its a sanctioned blog from lasseter and company.
http://imagineerebirth.blogspot.com/
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#6 | |
Chowder Head
Join Date: Jan 2005
Location: Yes
Posts: 18,500
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Quote:
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#7 |
I Floop the Pig
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A side note, this may be why Pixar decided to sell when they did:
Pixar Profit Declines in Fourth Quarter Last quarter, my company made essentially the exact same announcement as Pixar. Namely, "Our revenue for this quarter was lower over the most recent quarter than revenue from the quarter before, but even with that, our 1-year revenue hit a record high." And the immediate result was a big dip (on the ordr 0f 10%) in our stick price. And that was with a modest 1% drop in sequential quarterly revenue. Now take Pixar, whose net income drop from the 3rd quarter to the 4th was a whopping 44%! So if a mere 1% dip (yes, I know one is revenue and one is profit, but it's a comparable situation none the less) caused a 10% hit for our stock price, imagine the possible ramifications of a 44% drop! But instead, the stock is up around 15% since the sale to Disney, and it even went up by 2 cents today after the announcement. Pure speculation on my part, but it certainly seems like numbers like that ont he horizone would have been good motivation to sell and sell quick.
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