I don't think anyone is arguing against that. I think it's mostly that "the lowest price [they] could" is typically a pretty aggressive offer. Apple is really great at finding companies that have great proof-of-concept products with no way to polish them or scale them and then using their resources to make the "Apple-y" version of that product that's integrated into everything. They're rarely the only company looking at these potential acquisitions and they're more concerned with locking them down than they are at negotiating and potentially losing out.