Part 6/11:
Compounding these issues is the persistent rumor, renewed amid Iger’s candid comments, that Disney might be sold in whole or in part to Apple. Although this scenario seems unlikely given Iger’s reputation as a builder rather than a seller, analysts and industry observers note the mounting pressure on the company’s valuation, which has dropped to levels not seen in years—closing at around $85 per share. The significant dip followed the announcement of Iger’s extension for two more years at the helm.