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Apple Buying Netflix Speculation Heightens After GBH Says Trump Tax Cuts Make It Possible

International Business Times

GBH analysts believe Apple will repatriate about $200 billion of overseas cash this year under President Donald Trump's new tax cut. The move would allow Apple to purchase bigger companies, like Netflix, the analysts said in the note seen by 9to5Mac.


Will Apple Buy Tesla? Netflix, Walt Disney Also Maybe On iPhone Maker's Acquisition List, Report Says

International Business Times

In its recently released financial results, iPhone maker Apple revealed it is sitting on a massive $250 billion of cash reserves. And while social media was abuzz with what all that amount of money could hypothetically buy or finance, some analysts took a more realistic approach. According to Citibank analyst Jim Suva, the company will likely use part of the money to fund an acquisition, and among the seven potential targets listed in the Citibank note are names like Tesla, Netflix and Walt Disney, Reuters reported. Among those three, Tesla is currently the cheapest, in terms of market capitalization. The Elon Musk company recently overtook well-entrenched rivals, Ford and General Motors, and had a market cap of $52.84 billion at the close of Friday trade on Nasdaq.


Is Apple's Face ID Getting Same Disney Emojis As Samsung's AR Emoji?

International Business Times

Many techies may be wondering right now how Samsung managed to snag a deal with Disney behind Apple's back. Apple and Disney are known to have this long and close relationship, so it totally came as a shock when Samsung unveiled the Galaxy S9 and introduced Disney character emojis as part of the device's AR Emoji feature.


Citi lists Netflix, Tesla as takeover targets for Apple

Daily Mail - Science & tech

Citigroup has listed seven companies as potential takeover targets for Apple Inc, including Netflix, Walt Disney and Tesla Inc, as a way to put its cash hoard of more than $250 billion to work. With over 90 percent of its cash sitting overseas, a one-time 10 percent repatriation tax would give Apple $220 billion for acquisitions or buybacks, Citigroup analyst Jim Suva said in a note to clients. U.S. President Donald Trump's tax blueprint, which was unveiled last month, proposes allowing multinationals to bring in overseas profits at a tax rate of 10 percent versus 35 percent now. Disney is thought to be among the targets as Apple looks to move more into the entertainment world. Citigroup has listed seven companies as potential takeover targets for Apple Inc, including Netflix, Walt Disney and Tesla Inc, as a way to put its cash hoard of more than $250 billion to work.


Apple has the means -- and the motive -- to pull off a massive acquisition

Los Angeles Times

As Apple Inc.'s stash of cash grows, so does the possibility that the world's most valuable company will use some of the money for a huge acquisition that would expand its empire beyond iPhones and other gadgets. The company holds more than a quarter of a trillion dollars it could use to go shopping. So far, the guessing game has primarily focused on possible targets such as Netflix and Tesla. Either deal could make sense, given Apple's long-running interest in providing a TV service to consumers and its more recent work on self-driving cars. But in recent months the takeover talk has swirled around whether Apple might do something even more dramatic by making a bid for Walt Disney Co.