|Apple has been stingy with its cash in the past, but new CEO Tim Cook said he is "not religious" about holding it.|
Wolfram AlphaSafari, Apple's proprietary browser had 4.2% of the market share in October 2011 according to W3 Schools, compared to 38.7% for Mozilla Firefox and 21.7% for Internet Explorer. In the latest iPhone and iOS releases, Apple has heavily featured Wolfram Alpha, a search engine which allows for a wide variety of different searches, as opposed to the standard image and text searches that Google ( GOOG - Get Report), Yahoo ( YHOO), and Microsoft's Bing ( MSFT) generate. If Apple were to buy Wolfram Alpha, designed by British scientist Stephen Wolfram, and successfully integrate the product into Safari, making it the default search to differentiate Safari from other browsers, this could potentially help Apple capture browser market share. Apple could also look to monetize Wolfram Alpha's API
More PatentsApple has already purchased a significant number of patents along with a consortium of others from the now bankrupt Nortel Networks, and technology companies are increasingly viewing patents as a significant asset. InterDigital ( IDCC - Get Report) is a name that has been the subject of rumors in the past. Google's purchase of Motorola Mobility has fueled speculation of a "patent war" between some of the largest technology companies, and brought to light the patents that Research in Motion ( RIMM) has at a time when the Blackberry maker is struggling to stay relevant in shareholders' minds.
MySpaceApple's iTunes is the leader in digital music delivery, generating revenue of $1.4 billion in the third quarter. MySpace was once a pioneer of the social networking space before Facebook blew it away. But MySpace is still a place where bands put some of their music, and a group including Justin Timberlake purchased the company for $35 million. That's pocket change for Apple and the deal would bring more social networking into iTunes than the company already has with Ping.