Filed under: Apple Corporate, Rumors
--- Last January, Apple COO Tim Cook stated, "We believe we need to own and control the primary technologies behind the products we make." That motivation, backed by Apple's 41 billion cash on hand, makes its rumored acquisition of ARM Holdings so compelling. ---
What would you do if you had $41.7 billion in cash reserves? That's what Apple has and, as Ken posted earlier, the rumor du jour suggests the company might use a modestly large chunk of it to acquire ARM Holdings. If such a deal is in the works, it would be Apple's