Apple M&A speculation continues with Time Warner chatter
The end of last year brought a host of predictions about how Apple (AAPL) might spend its more than $200 billion in cash and investments. Currently the Cupertino, Calif.-based company is using its cash on hand for stock buybacks and dividends. But some on Wall Street are itching for Apple to pull off a big acquisition with its pile of dough. The latest speculation has Apple among those interested in buying TV and movie giant Time Warner (TWX),