After taxes, Apple would bring roughly $220 billion, with that sum growing about $50 billion each year. According to Jim Suva and Asiya Merchant, Citi analysts, there is a.
The Trump tax cuts will enable Apple to repatriate the cash holdings, while incurring only a small tax hit on the repatriation. Apple wants to get benefited from this by using its $252 billion cash stored in foreign jurisdiction. For Apple, that's about $220 billion - only a third of which is required to acquire Netflix.
Citi analysts said there is a 40 percent possibility that tech giant Apple Inc. And Apple's method of content delivery - while robust and market-defining within the iPhone and Mac ecosystems - doesn't align with the way viewers are now streaming Netflix and its competitors. Netflix invests heavily on original series and has crafted some of the most popular and talked-about television series we know of.More news: Britain braced for 80mph 'danger to life' Storm Eleanor battering
More news: LG Announces The World's First 88-inch 8K OLED Display
More news: Ted Thompson out as GM, will transition into new role with Packers
Could there be another acquisition that could shake Hollywood as much as the historic Disney-Fox deal did? That money helped Apple lock down an order for a reboot of the Steven Spielberg executive-produced Amazing Stories, as well as a coveted scripted drama about morning TV shows set to star Jennifer Aniston and Reese Witherspoon. In September 2017, reports poured in that Apple might lease the Culver Studios in California as it plans to pour $1 billion into TV and movie productions.
Apple's struggle to establish itself as a key player in internet broadcasting, despite launching Apple TV and working on numerous TV shows, is well documented.
While services like Hulu, Amazon Prime, and Netflix have evolved to develop their own content and continue to draw in millions of users, Apple's own iTunes platform, while succeeded as an app, hasn't grown as a means to deliver content. Heads turned when Netflix announced that it would devote $7 billion to $8 billion to content in 2018, but it might still be shocking to hear that Netflix is going to release 80 original movies in 2018.
Nollen predicted that Netflix will increase original content from 25 percent in 2017 to 60 percent in 2020.