From the London Evening Standard:
“A deal would make a lot of sense for Apple,” said one trader. “That way, they could stop ARM’s technology from ending up in everyone else’s computers and gadgets.” Traders reckon a bid would come in at around 400p a share, valuing ARM at more than £5.2 billion.
Apart from driving their competitors in to the arms of Intel for mobile chips, what does this large purchase get Apple that they don’t already have?
I don’t see it happening. If you ask me, Apple is hoarding it’s money for something bigger than an ARM purchase. I don’t know what that might be, hell – I don’t think Apple even knows what that might be yet, but having money on hand gives them lots of options.