There is a 40% chance Apple will acquire Netflix, according to Citi

T-Mobile / Eng 64fe2h7
Jan 1, 2018 23 Comments

http://www.businessinsider.com/apple-potential-merger-acquisition-candidates-aapl-2017-12?r=UK&IR=T

There is a 40% likelihood that Apple will acquire Netflix now that US President Trump's corporate tax cut has been passed, according to Citi analysts Jim Suva and Asiya Merchant.

The cut in corporate taxes, along with a one-time allowance for companies to repatriate cash stored overseas without a major tax hit, will give Apple a much larger cash warchest to buy new companies. Apple has about $252 billion in cash, much of it in foreign jurisdictions, which previously it was unable to bring back to the US.

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TOP 23 Comments
  • T-Mobile / Eng 64fe2h7
    OP
    I would not want Apple to acquire Netflix as I think it works better as a cross platform service. Apple will find a way to force hardware purchases for top access and quality to Netflix and I refuse to get caught up in a non open ecosystem.
    Jan 1, 2018 0
  • Uber Head
    Netflix will acquire apple
    Jan 2, 2018 0
  • Facebook / Other RhVA38
    Someone should.
    Jan 1, 2018 3
    • Oracle kc#fjex2i4
      Why?
      Jan 1, 2018
    • Facebook / Other RhVA38
      Because they could make a lot of money.

      Netflix is going to face serious competition from Disney. It is yet to be seen how willing consumers will be to pay for multiple streaming services.
      Jan 1, 2018
    • Netflix nflxz
      Don’t we have this for a couple years already? Netflix, Hulu, HBO Go, Amazon Prime, Sling TV, ESPN Go to name a few.
      Jan 3, 2018
  • Accenture pCNE07
    Microsoft might be more suited for Netflix than Apple
    Jan 1, 2018 5
    • Apple / Eng
      DEADBEEF🍻

      Apple Eng

      PRE
      Microsoft
      DEADBEEF🍻more
      Why do you think? Apple is already entwined with the entertainment biz with iTunes. Big consumer product driven company. Microsoft’s biggest consumer “win” is the surface.
      Jan 1, 2018
    • Cisco / Other KCmL63
      Actually it’s Xbox. Proprietary games + shows on extensible platform = profit. Not to mention the tech leap forward Microsoft could make to Cortana
      Jan 1, 2018
    • Apple / Eng
      DEADBEEF🍻

      Apple Eng

      PRE
      Microsoft
      DEADBEEF🍻more
      I suppose Xbox is a bigger consumer win, than the surface, but it’s been lagging. I’ve been very unsatisfied with my Xbox one with the recent software changes. I tried renting a movie, but it wouldn’t work. Music offering keeps getting worse. Cortana is slow and mostly useless on the device. Don’t like the new UI. It’s just a video game console for me now. Canceled cable, and the thing keeps defaulting to cable mode and complaining the cable input isn’t working. Just annoying AF. I just use Fire TV and Apple TV now.

      I would trust Apple more with consumer services than Microsoft, as long as agreements don’t go to shit and they start restricting distribution.
      Jan 2, 2018
    • T-Mobile / Eng hs8e24
      Try moving all your games to an external drive and then resetting the console to fresh settings. It may help.
      Jan 2, 2018
    • Accenture pCNE07
      All the major players (Amazon, Google, FB, Apple) have a video platform, for Microsoft Netflix will be a good complementary business. Given the recent large scale acquisitions like LinkedIn , Skype..etc Netflix is best suited to be part of MS than Apple
      Jan 6, 2018
  • Apple / Eng Dr. Doctor
    There is no reason for Apple to acquire Netflix aside from their original programming. That would be a mighty steep price tag on a handful of shows.
    Jan 2, 2018 2
    • Lyft lyft123.
      There’s also the subscriber base and expertise building services. Then again, should this merger happen it would be hard not to destroy Netflix’s value.
      Jan 2, 2018
    • Apple / Eng Dr. Doctor
      Apple has a far larger customer base than Netflix with iTunes, not to mention they get a cut of any subscribers that sign up thru iTunes. Enterprise building services, again hefty price tag on that.
      Jan 2, 2018
  • Gen!x / Eng
    XPbr65

    Gen!x Eng

    PRE
    Bank of America Merrill Lynch, HPE, Northrop Grumman
    BIO
    mehy
    XPbr65more
    There is a 60% chance the author pulled this out of their ass.
    Jan 2, 2018 0
  • Apple / Eng Senator
    When the forecast says 40% chance of rain, I don’t even bring an umbrella!
    Jan 6, 2018 0
  • Google Noogie
    So...don't bet on it?
    Jan 2, 2018 0
  • New eOoe73
    40% chance, aka: they probably won’t
    Jan 2, 2018 0
  • Netflix / Eng ricewater
    When an analyst wants to pump NFLX, this is always being thrown out. It's getting really old. Nobody will buy NFLX unless it implodes for some reason.
    Jan 2, 2018 0
  • GlobalLogic Hopper13
    Think that would not be a good decision , both for Apple as well as Netflix.
    Apple as a whole is a brand, and therefore should focus on reinforcing that brand name.
    Adding names like Netflix would look like contaminating Apple brand. Also, dont think streaming/cloud is Apples area of expertise.
    Rather they should focus on bringing in hardware products .. in competition to companies like Fitbit, GoPro, Nest, Abode, Ring etc(or even acquire startups working in similar space).
    Jan 8, 2018 0
  • Oracle harry t
    Hey, Cook, how about getting Apple back to innovating instead of buying your way (like Oracle does) to relevance.
    Jan 2, 2018 0
  • Apple / Eng
    DEADBEEF🍻

    Apple Eng

    PRE
    Microsoft
    DEADBEEF🍻more
    Hmm...not sure how I feel about this. Conflicted.
    Jan 1, 2018 0