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Cirrus Logic Inc. Message Board

  • bullish1_2 bullish1_2 Jan 28, 2013 9:40 PM Flag

    Will AAPL Buy CRUS?

    Apple has 137 Billion dollars cash sitting in the banks. One way to deploy its cash is to buy its supply chain - the companies that supply Apple with the raw materials for all its fabulous devices. CRUS would be the first purchase since CRUS is an important supplier with excellent rappot with Apple. Apple and CRUS have had a very strong relationship for many years. It could shell out 2.5 Billion and purchase a premier audio chip supplier - the designs would be more integrated, the uncertainty of component delivery times and volumes associated with an external supplier would be more manageable and it would have more control over the product cycles.

    Apple may already be thinking of stock buybacks and assuming control of its supply chain. That would be a fantastic way to spend the money overflowing its coffers.

    Sentiment: Strong Buy

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