As wild rumours go its right there with the best of them but ….
According to Trusted Reviews (and a heap of less reputable websites)….. “Apple, yes Apple, is apparently locked in “serious negotiations” to buy Twitter for $700m. Quoting a “source who’s plugged into the Valley’s deal scene and has been recruited by Apple for a senior position” ValleyWag claims the duo want to unveil a deal by 8 June in time for WWDC 2009″
The article also points out that
- Apple has no ad model
- Apple is hardware and OS focused
- Apple doesn’t do ‘free’
- Apple image is slick and expensive- Twitter image is cute and bumbling
- Twitter has already stated it will not sell for under $1bn
The FT has an equally sceptical position (though from a slightly different angle)
….. and as for me …. I just cant see it but stranger things have happened