Apple + Twitter? No
May 5th, 2009
Sometimes an Apple rumor floats by that strikes me as so pathetically ridiculous I just have to get the BB gun out and fire away, Betty Draper style. Today it’s Apple acquiring Twitter.
Pretty much every acquisition Apple has ever made, made sense as something they could incorporate into their software or product lines at the time (think Emagic and Logic which led to Garageband). And they were usually lower-profile companies that didn’t have ridiculous speculative buzz around them like Twitter, and hence raising that company’s price beyond sanity. The biggest one in the past decades was NeXT, where they got the foundation for OS X and Steve Jobs. What they got from that one acquisition alone just shows how powerful Twitter hype has become.
If Apple has anything to do with Twitter, they’d add Twitter support to iChat (duh). At speculative most, they could purchase the software maker of a Twitter client for the iPhone, but there isn’t anything there that Apple couldn’t do itself if it so desired.
There are many reasons why Apple has billions of cash stockpiled, and one is its reluctance to make frivolous, speculative acquisitions.
Apple is no eBay and it’s not about to do a StumbleUpon.