Dan Frommer

It’s been five years since Steve Jobs resigned as Apple CEO.

It will still have almost 70,000.

Amazon vertically integrates into the sky.

It’s all about the network.

iPhone, China, Mac — all down again.

Investors have “extremely low” expectations.

It’s SoftBank’s first big bet in the post-Nikesh Arora era.

This board now looks radically different from the one that allowed Twitter to stagnate.

It’s a classic tuck-in take-out.

The deal values BAM Tech at $3.5 billion, Bloomberg reports.