With share repurchases and dividend payouts not helping to revive Apple's (AAPL - Get Report) lagging stock price, it may be time for the tech giant to tap its sizable cash pile and buy a game-changing business to excite investors. One business that could certainly fit the bill? Electric car maker Tesla (TSLA - Get Report) , which is a place that often serves as a talent pool for Apple. 'They could certainly [buy Tesla] if they wanted to, they certainly have the financial capacity to do so,' said former Apple CEO John Sculley in an interview with TheStreet, adding, 'If they chose to [buy a big company] I am sure they would only do it with a product that was intended to be revolutionary in a large addressable market -- so an automobile maker like Tesla would certainly meet that criteria.' TheStreet's Brian Sozzi has more from New York.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Video
Does the 4% Rule for Retirement Savings Really Work?
Are you considering the 4% rule for your retirement savings plan? Be sure you understand the risks involved, watch the video for more.
17 Satirical Game of Thrones' Quotes About Investing
Game of Thrones' enters it's final season on HBO. Watch the video tribute, as we conjured up quotes for TheStreet Columnists.
Why Your Retirement Plan Should Include a Reverse Mortgage
Should you consider a reverse mortgage for retirement? Experts at TheStreet's Retirement, Taxes & Income Strategies Symposium discuss the pros and cons.