The software giant has been offered by Foxconn to take over Sharp, which might be considered by the company for its own benefit in the long run.
The most recent news about Apple is about how Foxconn has made an offer to the software giant regarding making a huge buy of Sharp, which has been struggling in the stock market for some time. According to a report by Nikkei business, it was seen that Foxconn has shown interest in taking over the popular LCD business but has come around to have little capital for it.
Therefore, through an offer made to the iPhone makers, the company is making an effort to take over the business with shared capital from the tech giant. Now analysts are talking about why the tech company would want to accept the deal in the first place, and the only reason that seems to make sense is that it also uses the LCD displaying for its own gadgets, which is why it might think about accepting the deal.
The LCD business that both Foxconn and Apple business could think about buying has been going through a tough time regarding the money for a long time. Analysts believe that the iPod maker has many reasons as to why they should help the company to get back in its place. If it did not, the tech giant will have to suffer in the long run, as then it would have to look for other companies and suppliers to get the best LCD possible for the gadgets.
In 2012, when Sharp began to struggle, there were many analysts in the market, which suggested the software giant to take over the business. The firm, however, did not oblige and went its own way by not investing in the business that provided it LCDs.
Analysts now believe that Apple software giant is not in a position to let Sharp fall completely and it is likely that it might end up signing the deal with Foxconn anyway. Taking a closer look at the whole prospective of the iPod makers buying the firm, analysts have come to the conclusion that if Sharp regains its position in the market, it is positively going to affect all the companies related to it, including Apple and Foxconn in a massive way.
As per the analysis of financial executives in the industry, it is being said that Apple stock might be in a good position to accept the deal. Even though all of its revenue generation is later on spent in international ventures, it is possible that the firm sees the potential in the deal that all the analysts seem to be discussing.
The iPhone makers have been lately working on Apple Maps which might turn out to be for the upcoming car that the firm is working on.
Three years back in 2012, when Apple launched its Apple Maps, the venture was seen as a clumsy step to be taken by a company that has always been praised for its excellent choice of products and software. There were reportedly many shortcomings of the map that took the attention of the analysts as it had many issues regarding reaching out to place out of its reach. However, the criticism was taken well by the iPhone 6 makers and they have reportedly worked on their mapping app to make it a better one and competitive enough to compete with Google maps. Since the past several quarter, the difference has been seen to be quite eminent in the smartphones released by the Californian Company.Even though many analysts believe that Apple Maps was introduced in the first place to compete with software rival Google Inc, but some analysts are of the believe that for a company which is famous for earning most of its revenue from the sales of the hardware products it produces, like the iPhone, iPad and Mac, it does not make sense for the firm to come up with a minor mobile app to compete with the giant that has already established itself in the field. Keeping in mind that the Californian firm is capable of making such decisions as spending on new ventures is not a problem for it, considering the $194 billion cash it has in hand, the analysts refuse to believe that this act is just being carried out to satisfy the need complete.According to recent news, Apple has been working more towards making its mapping app work in a more refined way. As per a report by Motley Fool, it was seen that the software firm bought Coherent Navigation recently and made arrangements to renew its TomTom license, which is responsible to provide assets to the iPhone makers which are essential for the working of the mapping app.The reason why analysts believe Apple is working more on its mapping app than before shows that the firm is looking at it in a broader perspective than the mere competition. With the help of Apple maps, even though people will increase their demand for iPhones, it is expected that this will come in handy in the Apple Watch which might help the users more. On the other hand, analysts think that this will turn out to be the most useful in the upcoming car that Apple is reportedly working on and for the firm to spend so much time and focus on the app lately shows that the iPod makers might be thinking the same.
