As for the cost of the acquisition Netflix (Clearwire) (Sprint) has a ten billion ($2.2B should be $9B+) ($18B should be $30B) market cap. "Ten billion dollars is a rounding error for Apple given its cash hoard," Cramer said. A Clearwire bid is a logical choice!
Apple farts those dollars each month.
"It's pretty simple. Apple needs growth and it needs it in a visible red-hot way. Nothing would be hotter than a Netflix (Clearwire) (Sprint) acquisition," Cramer said.
Apple wants (needs) to supply a TD-LTE iPhone to China Mobile. They'll sell a billion.
Apple would use the SAME PHONE on the newly acquired S+CLWR TD-LTE network - perfect fit!
FASTEST network in the US. Unlimited data with CLWR 160 MHz of spectrum and Sprint for voice.
Apple (or Google) can easily afford to dump $20B into Network Vision build and T & VZ will have to buy a laudry-mat to wash all the soiled panties.
A major OS will buy CLEARWIRE. The FAT PIPE is just too valuable!
Indano..it's incredible on the depth of due diligence you provide this board on the potential of Clwr's business....and some of the bums who sit on the Clwr's BOD, rake in the big bucks while selling there souls for nickels and dimes, sit idly by......Mr Stanton, do you see all this potential? Why are you letting this all go to Sprint for a song? That's so out of character for you...