Yesterday, many sites reported that Apple is going to buy Waze to load its Maps app! Today, according to a secret source that’s not happening and never was.
Fairly, the sites warned:
“Neither Apple nor Waze has said anything solid about a deal at this point, so like many ‘news’ items that we’re hearing these days before CES and Macworld/iWorld, it’s simply a rumor.”
Another source confirms that Apple – Waze deal was in advanced negotiations but Waze wants $750 Millions and Apple is willing to pay $400 Millions + $100 Millions in incentives. Waze had less than $1M in revenues last year (primarily from ads). Negotiations may take awhile.”
Then, the sites said that the deal wasn’t happening but that doesn’t mean talks were never taking place.
Anyway, last night, CNET said that the news of any such deal was “completely fabricated.” Citing “a source familiar with Apple’s thinking” CNET reported that any claims Waze would be acquired by Apple were simply made up and their source went on to say that Apple had “no plans to acquire Waze, and discussions are currently not being held between the companies.”
