Apple has over $50 billion in cash. CEO Steve Jobs has said the dough is available should Apple decide to make any "strategic purchases." So what companies might be a good "strategy purpose" for our favorite tech company?
My "MacNews/MacTech" writing compadre, Greg Mills, thinks Apple will buy Netflix. There are some good reasons why it should. Apple could beef up its presence in the television/entertainment area. And Netflix is a strong company -- and getting stronger.
An analyst with Gleacher & Company, says (http://www.istockanalyst.com/article/viewarticle/articleid/4613650) the transaction would make sense. "You know, Apple wants to be the first company to seamlessly integrate the home office and the living room," he says. "What's limiting them now is basically content and better broadband into the home....| Read more »