Rumor: Apple To Acquire Netflix In 2018

Rumor: Apple To Acquire Netflix In 2018

As we creep into the new year that means tax season is right around the corner. The current administration has announced a tax plan that will give Billions back to large corporations. For instance, Apple may benefit $220 Billion from this plan. This has financial analysts asking, “what will Apple do with the money?” Some feel the company may use that capital to acquire Netflix. This is just a rumor, but it may make sense considering Apple recently started producing original video content and has expressed an interest in TV/Movies/Music for many years.

It is important to note that this is not a commonly held idea. Two analysts at Citibank came up with the prediction. They give the acquisition a 40% chance.  Are they correct? Will we see Apple/Netflix content in 2018?

About the Author

avatar KALE: A geek who works in the IT Security field and lives in Dallas, TX. He is also a music geek who has played in several local bands. Previous to his IT career, Kale worked as a photojournalist. He brings technical advice and artistic counterpoint to the podcast.