Is Apple Buying DJI?

Discussion in 'Specific Models of Quadcopters and Drones' started by DroneValley, May 8, 2016.

  1. DroneValley

    DroneValley New Member

  2. webman

    webman Administrator Staff Member

    You should probably write stuff like this for seekingalpha since it's an investment type of community.

    Just for kicks - figure that DJI is currently worth about 20 billion and headed up (it was 10-15 billion value a year ago).
    Do you know how many companies Apple has ever paid over 10 billion for? Zero
    Over 5 Billion? Zero
    The most they ever paid was for Beats (3 Billion) and they may even be sorry about that one.

    Apple and other companies worth 100's of billions could do a lot of things. They could swing Presidential elections, feed the hungry, house every homeless citizen (for a small fraction of their market cap)...or buy up Tesla, Ford and a bunch of other companies just with one year's excess cash hoard.

    But they don't.

    In short, I don't see it. This seems like the worldview that fails to see China as the "boss". If you look around the world you will see that it's the Chinese buying up massive companies (like IBMs computer biz, for one)....not the other way around.

    Do a bit of reading on Frank Wang and his team and then consider whether you think they are ready to walk away or work under the corporate thumb of another company.

    Nothing short of world domination will make the DJI crew happy...after all, Mr. Wang could already walk away with 5+ billion and he hasn't...so he's not working for money!
     

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