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Apple acquiring Netflix rumors begin again

Apple has over $250 billion in cash, enough to acquire Netflix and not feel it
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Jan 4, 2018 6:49 am

Think about it; Apple acquiring Netflix makes a helluva lot of sense, especially after Disney holds massive properties like Lucasfilm, Marvel, and Pixar.




It's a rumor that has been floating around for a while, but with over $250 billion in repatriated cash that Apple is looking to bring back into the US, a massive acquisition or two could happen.


Netflix being acquired by Apple would instantly give the iGiant over 115 million subscribers in a bunch of different countries around the world, with over 50% of them in the US. Netflix also has over 110 new films and TV shows being released throughout 2018, something that would instantly bolster Apple's media prowess.


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