Apple co-founder Steve Jobs became Disney's largest individual shareholder after Disney acquired Pixar, then owned by Jobs, for $7.4 billion in 2006.
The deal also gave Jobs a seat on the Disney board and fostered a close friendship between Jobs and Disney Chief Executive Bob Iger.
Buying Disney wouldn't even classify as a bet-the-company transaction.
Still, it's not clear Apple would have any interest in buying Disney.
On one hand, buying Disney would supercharge those fledging businesses, which could help with Apple device churn while growing subscription revenue.
Persons:
Will Apple, Steve Jobs, Bob Iger, Iger, Jobs, Steve, Steve —, it's, Apple, Apple hasn't, that's
Organizations:
Apple, Beats Electronics, Microsoft, Activision Blizzard, Disney, Pixar, Jobs, ESPN