Apple Inc. AAPL was reportedly on the verge of taking a large stake in ride-sharing company Lyft. However, Apple has a long history of opting to hold onto its cash.
Here are 10 companies that Apple considered buying in the past decade.
- Tidal (2016) – Apple was reportedly in talks to acquire Jay Z’s music streaming company as recently as last month, but so far no deal has been announced.
- Time Warner Inc TWX (2015) – Apple senior vice president Eddy Cue reportedly pitched the idea of a buyout to Time Warner head of corporate strategy Olaf Olafsson.
- Netflix, Inc. NFLX (2016) – The Time Warner news led to reports that Apple had shifted its media focus from Time Warner to Netflix. However, there has been no official news on a potential deal.
- Discover Financial Services DFS (2014) - Apple reportedly considered a buyout of the financial giant as a backup plan if its Apple Pay launch didn’t go smoothly.
- Square Inc SQ (2014) – Reports of Apple’s interest in Square made sense given its focus on Apple Pay at the time.
- Tesla Motors Inc TSLA (2013) – Apple head of acquisitions Adrian Perica reportedly met with Tesla CEO Elon Musk back in 2013 to discuss a potential buyout.
- BlackBerry Ltd BBRY (2013) – Apple was reportedly one of the companies interested in acquiring a large portion of BlackBerry’s assets in the event of a breakup, but no such deal ever materialized.
- Hulu (2011)– Back in 2011, Apple was in talks to acquire video streaming company Hulu, but never pulled the trigger on a bid.
- Twitter Inc TWTR (2009) - Some things never change. The Twitter buyout rumors have been constantly swirling for nearly a decade now, and Apple was reportedly close to a deal to buy Twitter at one time.
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