Jpmorgan Argues Apple Should Buy Netflix For 200 Billion If It Wants Video Service To Succeed
Despite Apple following the path of what made Netflix so globally popular — creating exclusive original content — analysts from JP Morgan are still advocating for an acquisition to be made. According to the bank, Apple should use its nearly $250 billion in cash to either purchase Netflix, Sonos or Activision Blizzard outright. As for a full takeover of Netflix, the bank estimates it would take at least $189 billion to be completed....