Apple's former boss John Sculley has reportedly said that the tech giant should use its cash reserves to buy some big companies instead of agreeing to investor Carl Icahn idea of buying back stock.
Sculley, who was the CEO of Apple between 1983-1993, said that if, for example, Apple buys eBay, it could shift the whole landscape of e-commerce.
According to the BBC, Sculley would prefer Apple continuing investing in building and making acquisitions rather than buying more stock or giving more dividends.
Sculley said that as traditionally Apple has not acquired large scale companies, but its possibilities would explore if it went out to buy eBay and PayPal, the report added.
