Reply to post: Re: Very sad.

Apple iPhone GPU designers Imagination axes 20 per cent of staff

Steve Davies 3 Silver badge

Re: Very sad.

Apple apparently owns 10% of the Stock in Imagination. That makes me think that they are not being mean as you put it.

As has been said, I think this is some attempt to get the fruity company to buy them out. But the stock rose so the price of such a deal just went up. Mind you what it would cost to buy them is small change to Apple.

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