Published in News

Apple might buy Twitter

by on06 May 2009

Image

How to be smug in 140 characters


Fruit themed
toymaker Apple has been rumoured as a potential buyer of Twitter.

The dark satanic rumour mill has manufactured a yarn which says that Jobs' Mob is about to pay $700 million for the social notworking site. The deal is expected to be announced at Apple's annual Worldwide Developers Conference after Steve Jobs finishes his hormone replacement therapy.

Twitter turned down a $500 million offer in cash and stock from Facebook, in part because Twitter's investors couldn't agree on whether Facebook's stock was worth as much as Facebook claimed. Apple is likely to pay cash and it would be hard for Twitter's board to say no.

Quite way Apple would buy the site is anyone's guess. Most of the Apple fan bois seem to think it is to stick it on the iPhone. But Apple gets those users whether or not it owns the outfit or not.

Apple has very little in the way of web expertise and its Safari product lags as an also ran in the market. Apple is also closed secretive and paranoid while Twitter is open. In short we don't think this rumour has legs.
Rate this item
(0 votes)