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Apple and Electronic Arts? I don't buy it!

You seriously have to be kidding me. Apple (NASDAQ: AAPL) is interested in Electronic Arts (NASDAQ: ERTS)? I can't believe what I just read.

Well, to be accurate here, I'm not sure if this is a strong rumor or not. Then again, there has been a lot of speculation over the fate of EA since it has been doing so poorly and since its stock has seen a fall in value the last few years (it should be noted, though, that the stock has been strong the last several months).

But Barron's reports that Apple may want to buy the gaming publisher since it has a lot of cash to utilize for investing. Apparently, Guy Adami of the CNBC show Fast Money said there was some buzz equity surrounding this possibility (it was also mentioned that maybe Apple could purchase Twitter . . . but that's another story!).

Continue reading Apple and Electronic Arts? I don't buy it!

Symbol Lookup
IndexesChangePrice
DJIA-139.7410,324.66
NASDAQ-27.492,148.56
S&P 500-15.691,094.94

Last updated: November 27, 2009: 11:40 AM

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