Could Disney Be SOLD to Apple? CEO Bob Iger Comments on the Rumors
Bob Iger made a comeback to The Walt Disney Company as the CEO in 2022, and there have been numerous noticeable transformations ever since.
The organization is undergoing a substantial reorganization and has implemented measures to drastically reduce spending worth billions. Iger has already made significant and impactful business choices, but is there a potential for another one to surface soon? Could it be a conceivable scenario where Disney is completely acquired by another company?
Gossips are going around suggesting that Apple might acquire Disney at some point down the line. In the recent earnings call for the third quarter of fiscal year 2023, a shareholder directly questioned Iger regarding these rumors, inquiring about the potential of the entire Disney Company being sold to a "bigger tech company."
Bob Iger responded promptly, stating, "I simply won't engage in conjecture regarding the possibility of Disney being bought by any corporation." He also emphasized the importance of taking into account the "international regulatory landscape" when individuals circulate such rumors or make predictions.
Iger concluded his remarks by asserting, "I won't elaborate any further" and expressed that it's not a subject that Disney fixates on.
Iger previously commented on these rumors in 2022, stating that the idea of a merger with Apple was merely conjecture.
Disney did not provide any further remarks on the matter during the 2023 announcement, but we will remain vigilant for any future information or developments on this issue.
To catch up on the most recent updates from Disney's earnings call and report, check out the posts we have shared below.
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