Citi analysts say that there's a 4-in-10 chance that Apple buys Netflix

Apple is sitting with a vault so full of money that even Scrooge McDuck is jealous. Every now and then, Apple uses some of this money to make a small acquisition. For example, the company recently took $400 million out of petty cash to buy music discovery app Shazam. The largest acquisition that Apple has made by itself is the $3 billion it spent to purchase Beats Audio. But if a pair of Citi analysts are correct, there is a chance that Apple will top that record by a factor of approximately 34.

According to Citi analysts Jim Suva and Asiya Merchant, there is a 40% possibility that Apple ...

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from Gadgets to Find http://gadgetstofind.blogspot.com/2018/01/citi-analysts-say-that-theres-4-in-10.html
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