|APPLE CEO TIM COOK|
Apple Inc which reportedly tried to acquire media giant Time Warner last year, is apparently serious about splurging on something big possibly in the media industry. Possible targets could be Disney or Netflix. Netflix would immediately give Apple the platform its been trying to develop on its own to stream content. Its Apple TV effort hasn’t been doing that well and has been losing steam, so a Netflix buy would propel them ahead of the streaming game. Though Netflix does produce original content and plans to invest billions in that effort, Disney, is a content goldmine and would give Apple an endless supply of movies, tv shows etc to put directly on its devices. However, it is likely that a Disney acquisition would lead to the sell off of some assets that Apple may not want. One thing’s for sure, money is no object as Apple Currently sits on a $232 billion cash war chest. CEO Tim Cook just wants any acquisition to make strategic sense, Obviously.
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