Report: Apple has no plans to acquire game companies
While Microsoft has its own game development and publishing arm, one of its biggest rivals, Apple, has long been rumored to be in the running to purchase a game publisher like Electronic Arts. But according to a new report at IndustryGames that isn't likely to happen.The story quotes Panoptic Management Consultants analyst Asif Khan who states he spoke personally with Apple founder and head man Steve Jobs at Apple's shareholder meeting. He states, " ... I can tell you with confidence that Apple will not acquire a game company. They would rather rake in the 30 percent of App Store sales that they currently have set up with developers."
The article points out that Apple does have a war chest of $60 billion in cash that could be used to acquire companies. But if this report is true, game developers and publisher shouldn't look to Apple for a big payday anytime soon.











