Apple Should Acquire Netflix for $189 Billion, J.P. Morgan Analyst Says
Apple has plenty of cash to make big acquisitions. And J.P. Morgan believes it should start with Netflix.
In a note to investors on Monday, J.P. Morgan analyst Samik Chatterjee said that “Netflix is the best strategic fit” for Apple to acquire, according to CNBC, which obtained a copy of the note. The analyst added that Apple should acquire a company in the entertainment market and buying a company smaller than Netflix to try and compete against the streaming market leader would be a bad idea.
...
http://fortune.com/2019/02/04/apple-netf...er_FORTUNE
Apple has plenty of cash to make big acquisitions. And J.P. Morgan believes it should start with Netflix.
In a note to investors on Monday, J.P. Morgan analyst Samik Chatterjee said that “Netflix is the best strategic fit” for Apple to acquire, according to CNBC, which obtained a copy of the note. The analyst added that Apple should acquire a company in the entertainment market and buying a company smaller than Netflix to try and compete against the streaming market leader would be a bad idea.
...
http://fortune.com/2019/02/04/apple-netf...er_FORTUNE
__________________