Apple stock soars

You were numerous to ask us the reasons behind Apple’s stock climbing, which is now near $28.
We tried and get some information on this question, and here’s what we found.
It seems it all started with a rumor [how strange…]. It is said in certain circles that SONY wishes to merge with or buy out Apple Computers. Note that this has been a recurrent rumor for several years [as well as IBM and tons of big names supposedly buying Apple].
We dug deeper and what follows is gossip about rumors… but it’s interesting nonetheless so we’ll tell it.
It is said [now we sound like a fairy tale] that SONY would have contacted Apple to propose a merger between both companies digital music divisions. Looks like SONY, which is quite lagging behind on the MP3 players’ scene, would love to sell iPods too…
Still according to that rumor, it is said that Apple is not exactly delighted with this idea, especially since they are in a dominant position.
To wrap up, SONY probably has the financial power to take over Apple. But the Cupertino Company has carefully kept a $4 billion treasure in cash. In case someone launches a takeover offer, they can always buy back a part of their shares to counter the hostile bid.