Of all the great nuggets pulled off the web by MG Siegler yesterday regarding Apple’s earnings call, my favorite is this one:
Apple’s profit last quarter was $3 billion more than all of Hollywood’s gross box office receipts for all of last year, notes Eric Spiegelman via Anthony De Rosa.
So… Apple tired of playing games with Hollywood? No problem. It can take a small portion of its almost $100 billion in cash and just buy it.