Does Apple have enough money to buy Disney?
Disney (DIS) has a market cap of about $178B. Add on a premium that would be included with and purchase and it's safe to say that Apple (AAPL) could easily pay more than $200B to bring the Disney (DIS) empire under its watch.
Apple, Inc. could be poised to purchase The Walt Disney Company for approximately $109 billion.
Disney's equity costs roughly $180 billion alone, and adding a 20% control premium common to takeovers would raise the price tag up to well over $200 billion. Apple, the world's largest company with a market value of $2.6 trillion, could easily raise that kind of money.
Apple could buy Disney for three reasons: It would expand its services segment, reduce its dependence on the iPhone, and potentially generate synergies in terms of marketing, bundling strategies, and the collection of customer data.
Apple would buy The Walt Disney Company for $275 billion on January 9, 2023.
That means on average you can expect to pay about $135 per adult and $130 per child for one-day tickets. Multi-Day Disney World park passes on the other hand reward you the more days you go and the longer your pass, the less you pay per day.
In terms of market capitalization, Apple is worth more than Disney. Apple's market cap is $2.434 trillion as of March 6, while Disney's market cap is $183.887 billion.
- Find A Side Hustle. ...
- Plan Ahead for Your Disney World Vacation. ...
- Go When There Are Fewer Crowds. ...
- Stay At Disney Value Resorts. ...
- Go To Walt Disney World When Children Are Under 3. ...
- Use Disney Gift Cards And Credit Card Rewards. ...
- Plan A “Skip Day” ...
- Set Up A Disney Payment Plan.
Apple is no doubt the better buy between these companies. Its performance during an economically challenging 2022 makes its stock growth more reliable. Meanwhile, the company's stock is more attractive, considering Disney still has yet to bring back dividends. Apple's dividend isn't much, offering a 0.6% yield.
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How Much Is Disney's Net Worth?
Type | Ratio |
---|---|
Total Enterprise Value To Revenue | 2.49 |
Total Enterprise Value to EBITDA (TTM) | 17.19 |
Why Apple won t buy Netflix?
Buying Netflix would give Apple a ready-made production arm but little understanding of how it all works. At the very least, Apple would demand a much deeper understanding of Netflix's metrics before a purchase, and not everyone believes the few numbers Netflix has released so far.
9, 2023. Disney began its second, larger wave of layoffs Monday, bringing total job cuts in recent weeks to 4,000 when the latest round is completed. Earlier this year, Disney said it would slash 7,000 jobs from its workforce as part of a larger reorganization of the company that will see it cut costs by $5.5 billion.
Walt Disney stock was falling Thursday morning after the entertainment company reported a surprise decline in Disney+ subscribers during the fiscal second quarter.
Disney is one of the biggest and best-known companies in the world, and has been ranked number 53 on the 2022 Fortune 500 list of biggest companies in the United States by revenue.
Theoretically, Musk can buy Disney. He has a net worth of over $220 billion and the Tesla stake alone is worth over $110 billion. Musk can arrange funding by selling Tesla shares or borrowing against his other holdings. While arranging the money would be a stretch for Musk, it's theoretically possible.
Although it was a private company initially owned by two brothers, it has since expanded thanks to its IPO back in 1955. Today, the Walt Disney Company is owned by a multitude of individual and institutional investors who've brought a ton of resources, and accountability to this brand.
If you're planning on tying the knot at Disney World, you may wonder how much it will cost. Disney World's minimum wedding event fee starts at $7,500 and reaches $50,000, depending on the venue, day of the week, and event time.
At first, I thought it was too high and that I messed up the math. However, Disney reports $28.71 billion in revenue for the parks in 2022. If operating costs per day are about $23 million, that puts annual operating costs at about $8 billion which comes pretty close to our number.
Disney has an advertising budget to maintain. Disney World wouldn't be the same without all the guests. In order to ensure this steady stream of visitors, Disney invests a significant amount of money into advertising — billions of dollars every year, in fact. High ticket costs help compensate for this fact.
In terms of market capitalization, Apple is worth more than Disney. Apple's market cap is $2.434 trillion as of March 6, while Disney's market cap is $183.887 billion.
What brings Disney the most money?
Disney Segment Breakdown: Revenue: Linear Networks, 35%; Direct-to-Consumer, 21%; Content Sales/Licensing and Other, 11%; and Disney Parks, Experiences and Products, 33%; and Operating Income: Linear Networks, 38%; and Disney Parks, Experiences and Products, 62%.
Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in Walt Disney. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc.
–The Walt Disney Company (NYSE: DIS) today reported earnings for its first quarter ended December 31, 2022. Revenues for the quarter grew 8%. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.70 from $0.63 in the prior-year quarter.
Disney+ offers two plans: Basic for $7.99 a month, which comes with ads, or Premium for $10.99 a month and no ads.
Stock Price Forecast
The 24 analysts offering 12-month price forecasts for Walt Disney Co have a median target of 123.50, with a high estimate of 147.00 and a low estimate of 94.00. The median estimate represents a +35.19% increase from the last price of 91.36.
Disney stock price stood at $91.35
According to the latest long-term forecast, Disney price will hit $100 by the end of 2023 and then $110 by the middle of 2024. Disney will rise to $125 within the year of 2025, $150 in 2026, $200 in 2029 and $250 in 2034.
Based on 18 Wall Street analysts offering 12 month price targets for Walt Disney in the last 3 months. The average price target is $127.60 with a high forecast of $147.00 and a low forecast of $107.00. The average price target represents a 38.71% change from the last price of $91.99.
If Disney were to flee, Florida would lose a visitor magnet and major moneymaker: In 2019, the four theme parks drew nearly 60 million guests combined, according to an industry estimate. And the company said the resort contributed more than $780 million in state and local taxes for fiscal 2021.
Walt Disney's debt is 3.4 times its EBITDA, and its EBIT cover its interest expense 4.4 times over. Taken together this implies that, while we wouldn't want to see debt levels rise, we think it can handle its current leverage. On the other hand, Walt Disney grew its EBIT by 23% in the last year.
Despite Disney's success in raising prices, its operating income from linear customers has dropped from $9.0 billion in 2020 to $8.5 billion in FY 2022. Linear remains a sumptuously lucrative segment, clocking 31% margins last year.
Who could acquire Netflix?
- Comcast. Martin specifically singles out Comcast as a logical buyer, and one that is likely kicking itself for not buying Netflix when it was cheaper. ...
- Apple. Apple is now the world's most valuable company by market cap, and it's flush with cash. ...
- AT&T. A telco buying Netflix wouldn't be a surprise.
In August, Netflix started experimenting with a way to bypass sales through Apple's iOS Store. Whenever a purchase is made through iOS, Apple receives 30% of that purchase. In the case of Netflix, that 30% could have been as much as $700,000 a day.
It typically indicates that your app requires an update, or points to a network connectivity issue that is preventing your device from reaching the Netflix service.
Discovery (WBD) and Paramount Global (PARA) — to enact their own cost-saving initiatives. Disney had previously announced the effort to slash 7,000 jobs as it looks to eliminate $5.5 billion in costs.
Disney plans to slash 7,000 jobs in three waves, with the first coming this week, the next in April and a final round by the beginning of summer, Iger said in the email. The layoffs are part of Disney's "cost-saving measures" that will create a "streamlined approach to our business," he wrote.
Conversation. Last night, we celebrated Disney Legend Burny Mattinson, who began his career at Walt Disney Animation Studios on this day in 1953! He continues to be the longest-serving cast member in Disney history. The real heroes!
Walt Disney has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 18 buy ratings, 3 hold ratings, and no sell ratings.
At a 4-star rating, we believe Disney stock is undervalued when compared with our fair value estimate. Our updated $155 fair value estimate for Disney reflects the realigned segments and lower losses from streaming. We expect average annual top-line growth of 7% through fiscal 2027.
Analysts gave Apple a 12-month price target of $170.18. Apple earnings per share are seen rising 10.60% in fiscal 2024 and 11.23% in fiscal 2025, according to Zacks Investment Research's analysis of 12 analysts' forecasts. For long-term, buy-and-hold investors, Apple could be a good addition to your portfolio.
That's in addition to the $24 million he made last year — his $2.5 million base salary plus millions in stock options and awards. That's down from the $32.5 million he made in 2021.
Is Disney bigger than Amazon?
Amazon (NASDAQ:AMZN) carries a market capitalization of $1.56 trillion, about 4x last year's sales of $386 billion. But when you look at Disney (NYSE:DIS) stock, the company is worth $375 billion, or 5.4x fiscal 2020's revenue of $65 billion. Call it a trick of the light.
The company's biggest segment was its media and entertainment segment, which generated revenues of 55 billion U.S. dollars in 2022. This marks a growth from the 50.9 billion U.S. dollars of revenue generated in this segment in 2021.
He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; owner and CEO of Twitter; founder of the Boring Company; co-founder of Neuralink and OpenAI; and president of the philanthropic Musk Foundation.
Musk owns 42% of SpaceX, according to a document the company filed last week with the Federal Communications Commission, which regulates its Starlink satellite-broadband unit.
Elon Musk's earnings have significantly increased since becoming a billionaire in 2012. Between 2012 and 2023, his fortune has grown from around $2 billion to $180 billion. That puts his yearly earnings from growth in stock value at $16.18 billion.
The Walt Disney Co. has agreed to acquire Pixar, the animation studio headed by Apple Computer Inc. CEO Steve Jobs, in a long-anticipated $7.4 billion deal that will put Jobs on Disney's board of directors, the companies announced today.
The "Movies" section of the TV app has a "Browse by Price" section that lists movies for $4.99, $6.99, $7.99, and $9.99, but many of the movies available in those sections are more expensive.