Wall Street bank believes Apple may buy Netflix
INDIANAPOLIS (WISH) – One Wall Street bank says there’s a 40 percent chance that Apple will buy Netflix.
Citi analysts says Apple will be able to repatriate about $220 billion in cash to the U.S. under the Trump tax cut.
The company would need only 1/3 of that to snap up Netflix.
Apple has for years struggled to offer a compelling TV or movie offering.
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