There's a Strong Chance That Apple Will Buy Netflix, Citi Analysts Say

Citi Apple acquisition targets

So how about we start 2018 with another potential mash-up that's got some analysts intrigued: might Apple offload billions in newly freed-up overseas cash to buy Netflix? While Apple has $252 billion hoarded away (90% of it held overseas), the Trump tax cut will allow the company to repatriate these holdings while taking a small tax hit. As such, tax reform may allow Apple to put this cash to use. Apple, which is sitting on a massive cash pile of $252 billion that is mostly outside the US, would need to spend only a third of that cash to buy Netflix.

Apple would only need around a third of that cash pile to buyout Netflix according to the analysts, and given Cupertino has been struggling to make a dent in the TV and video streaming world beyond its hardware offering in the form of Apple TV, acquiring Netflix could be exactly what it needs to have a proper crack at TV and video creation and publishing.

Besides the Apple-Netflix speculation, the streaming company's shares may have also been boosted by Macquarie Research's recommendation in a note written to clients on Tuesday.

Batten down the hatches! Status orange Storm Eleanor arrives today
There'll be further showers for Friday but the signal for the weekend is for somewhat drier conditions for a time. At 6pm on Tuesday, Met Eireann warned of increasingly strong winds and gusts that are battering the country. .

Alabama & Clemson share coaching & college football playoff history
We thought we would get the Crimson Tide and the Bulldogs back in December before Auburn spoiled that in claiming the SEC West. Whether you're talking about the playoff, the Sugar Bowl or Alabama's relationship with Clemson, the director of the Paul W.

Vikings win, likely end tenure of Bears' Fox
NFL Network's Ian Rapoport reported that Fox is expected to be fired following the season finale in Minnesota on Sunday. The Vikings beat Dallas at home and then lost at New Orleans in overtime of the NFC Championship Game.

In short, Apple will have more money to potentially invest, and Netflix was marked as the company they are most likely to buy. Under the new taxing rules, Apple will be able to repatriate about $220 billion in cash to the US. Viewers have migrated to services like Netflix, Amazon or Hulu to watch shows.

Fuelling the scenarios are two big Hollywood names such as Reese Witherspoon and Jennifer Aniston who will feature in the first scripted video series of Apple. He believes that the streaming firm is looking beyond what he describes as "the market's obsession" with subscriber numbers by trying to improve its earnings and revenue quality. "Netflix has won", analyst Tim Nollen said in the note. Forbes reporter Karl Kaufman argues that there is good reason to doubt this analyst prediction, writing, "Apple has already committed $1 billion towards creating new shows and their largest acquisition was buying Beats for $3 billion in 2014". The boost in original content will result in a $2 billion saving in licensing fees, the analyst said. Acquiring Netflix will help Apple gain a major lead over other major players in the fast-growing streaming service market. That's a 60 percent increase from the 50 films on its slate in 2017.

Related:

  • Nintendo Switch Mystery Game Listings Appear on Amazon

    Nintendo Switch Mystery Game Listings Appear on Amazon

    This will allow unapproved third-party developers to get their own software running on the Switch. It isn't just about Mario and Zelda .
    Six-alarm blaze in the Bronx injures at least a dozen

    Six-alarm blaze in the Bronx injures at least a dozen

    Fire officials say the fire started inside the furniture store on the first floor of the building and quickly spread. " #FDNY members continue to operate on scene this morning of a 7-alarm fire, 1547 Commonwealth Ave #Bronx".

    Peaceful Protests Constitutional Right of Iranians - President Rouhani

    The State Department issued a statement Friday supporting the protests, referencing Tillerson's earlier comments. The strength of feeling appeared to catch the government off guard, but also rattled many reformists.
  • Missing girls from Texas may be in Louisiana

    Missing girls from Texas may be in Louisiana

    Police are now looking for 7-year-old Luluvioletta Mariposa Bandera-Magret and 14-year-old Lilianais Victoria Cake Griffith. Miles might be in route to Louisiana in a grey 2017 Hyundai Accent with Texas license plate number JGH9845, police said.
    WhatsApp support for Windows Phone 8.0 ends in 2018

    WhatsApp support for Windows Phone 8.0 ends in 2018

    Later today, if you're using WhatsApp on any of the Windows Phone 8 .0 device, BlackBerry OS , and BlackBerry 10 device, it will stop working.
    Online Store Leaks Red Dead Redemption 2 Release Date & Delay

    Online Store Leaks Red Dead Redemption 2 Release Date & Delay

    A couple of days and we'll all be correcting our instinctive datings to 2018, and Spring is a lot closer than you think. June 8th would still be considered spring even though it is a month more commonly associated with summer.
  • Witherspoon, Rhimes, Streep in anti-harassment group

    Witherspoon, Rhimes, Streep in anti-harassment group

    One of Time's Up major aspects is a legal defense fund for which the organization is now soliciting donations via a GoFundMe. The goal is to provide subsidized legal support to those who have faced harassment or assault in the workplace.
    United States  airport immigration computers go down temporarily

    United States airport immigration computers go down temporarily

    Customs and Border Protection began the new year with a computer outage that caused long lines at several airports. Agents were still able to process passengers using an alternative system, albeit at a much slower rate.
    India, Pakistan exchange list of prisoners

    India, Pakistan exchange list of prisoners

    New Delhi says Mr Jadhav was kidnapped in Iran, where he had legitimate business interests, and brought to Pakistan. India has repeatedly emphasised the need for early release and repatriation of civilian prisoners.
  • Apple's $29 Battery Replacement Program Does Not Require a Failed Diagnostic Test

    Apple's $29 Battery Replacement Program Does Not Require a Failed Diagnostic Test

    Perhaps more importantly, there are reports that Apple is loosening its insistence when it comes to tests of battery health. Soon Apple faced a lot of criticism from several users all around the world and had multiple lawsuits filed against them.
    Private doctors' strike hits OPDs in Karnataka

    Private doctors' strike hits OPDs in Karnataka

    The doctors contend that the decision to replace the Medical Council of India with a new body will "cripple" the industry. The advisory has been issued to AIIMS, Safdarjung Hospital and other such central government-run hospitals.
    5 deputies shot, 1 fatally, in shooting near Denver

    5 deputies shot, 1 fatally, in shooting near Denver

    C-470 is shut down from Quebec Street to University and County Line Rd is closed from Colorado Blvd to University Boulevard. A source in the sheriff's office told KKTV that the situation is "not looking good for us" as deputies were shot at.

Comments

Latest news

Instant talaq bill listed for today in rajya sabha
When the Bill was in the Lok Sabha , most of the leading parties in the Opposition, including Congress, had voted in its favour. Interestingly, NDA ally TDP is also opposed the passing of the bill in its present form, according to sources.

Samsung Galaxy S9, S9+renders leaked ahead of CES 2018
Reports assert that Apple dumped the TouchID sensor in the iPhone X after they neglected to implant it underneath the show. The One Plus 6 will have a fingerprint sensor embedded underneath the display which iPhone tried and failed in iPhone X .

Mega Millions jackpot rises to $343 million
Without a victor , both lottery games have fattened, with top prizes well above $300 million. Eastern Time and Powerball drawings are held Wednesday and Saturday evenings at 10:59 p.m.

Hoda Kotb officially replaces Matt Lauer as Today show co-anchor
The timing is important for NBC , because Today will get a burst of attention next month with the Winter Olympics. Her fellow " Today " coworkers all took to Twitter to celebrate the promotion .

LG to unveil 88-inch 8K OLED display
With over 33 million pixels at their disposal, the TV would certainly provide users with plenty of resolution to enjoy. However, to ensure that LG remains ahead in the race, they continue to ramp up their OLED production capacity.

South Korea offers to talk with North on Olympics cooperation
Kim's comments on South Korea surprised analysts, who described them as the most significant part of his speech. In September, the regime carried out its sixth and most powerful nuclear test.

Iranian General Raps Trump's Support for Rioters
Police arrested a number of demonstrators who were trying to damage public property in the gatherings. The towns are all in Iran's central Isfahan province, about 215 miles south of Tehran.

Assam: ULFA (I) military leader's finds place in updated NRC draft
Hopefully, we will be able to complete the entire process by 2018", he told media representatives. The names for the second round of the draft are undergoing the verification process.

Pakistan PM summons cabinet, security meet over Trump tweet
The Pakistan Foreign Office summoned US Ambassador on Monday and lodged its protest against US President Donald Trump . He also repented for financially helping Pakistan with the provision of $33 billion in last decade and half.

Dense fog engulfs Delhi-NCR, visibility zero
The Air Quality Index (AQI) at Delhi's Shadipur was recorded at 332, and Siri Fort at 388 - both in the "hazardous" category. Flights were stopped from taking off between 11 p.m. and 12 a.m.as visibility was nil.

Buhari To Address Nigerians Jan 1
Last Friday, Mr Buhari announced the appointment of 1,467 board chairmen and members of some agencies and parastatals. He added: "However, complaint arose from some governors who felt they were not carried along in the process".

Guardiola won't rule out Sanchez move after Jesus injured in Palace stalemate
We were lucky against Tottenham and against Newcastle . "But my feeling now is that he's an Arsenal player and he will be". Roy Hodgson's Crystal Palace became only the second Premier League team to hold Manchester City to a draw today.

Northwestern Outlasts Kentucky In Music Bowl Thriller
Also, there was no guarantee that Northwestern wouldn't have marched down the field for a game-winning field goal attempt. No other member of the football team better represents the ideology of giving 100 percent than Stephen Johnson .

Helwan: Gunman launches deadly attack on Marmina Church
A suicide vest or explosive belt was found on the dead attacker, indicating a far more devastating atrocity was planned. A boy holds yellow tape surrounding the site in front of Mar Mina church, in Helwan, Cairo on December 29, 2017.

HPD: Man arrested, found with guns, ammo in downtown hotel room
Here's a timeline of how that arrest happened: About 1:00 a.m.: An off-duty police officer encountered a man in the hotel lobby. Responding officers found a rifle, shotgun and handgun in his room, including ammunition, according to Police Lt.

Other news