Is Apple Going To Buy Netflix?

Source: Eric Thayer / Getty

Netflix and Apple are pretty successful companies. According to Forbes, Citi mentioned to certain clients that they would possibly buy Apple. Reports state that Apple will have $252 billion in cash from overseas and could make this purchase.

Sign Up For Our Newsletter!

For quite some time Apple has been making purchases such as Shazam, which has helped gain more clients. Apple has been growing their dividends and buying shares. Some believe that all these business move might make them purchase Netflix.

Reports state that Apple will only purchase 40%, but no one knows where that figure came from. Apple will be producing more original shows and some believe purchasing Netflix isn’t the way to go. If Apple purchases Netflix the shares will rise, but this isn’t a guarantee this will happen.

RELATED: How Many People Watched Will Smith’s Netflix Film “Bright”?

RELATED: Netflix’s Most Watched Shows

RELATED: Rev. Run And His Wife To Star In Netflix Show

The Latest:

• Design your own custom screen print shirts for unique style
• Department Of War Staff Reframed As Department of War Crimes By Troops
• Blue Brutality: New York State Cops Break 80-Year-Old Black Woman’s Teeth During Wrongful Arrest, Lawsuit Filed
• Quavo Appears To Send Prayers To Offset After Shooting News
• Toni Braxton Brings Family Love to the Stage with Special Surprise
• Wireless Festival Canceled As Kanye West Banned From Traveling To The UK, Social Media Debates
• David Schwimmer Thanks Companies Pulling Out of Wireless Festival In Protest of Kanye West
• Ochella: Olandria Carthen Channels Her Inner Barbie To Invite Us To The Desert
• Kim Kardashian and Lewis Hamilton Just Soft-Launched Their Relationship
• Noah Lyles & Junelle Bromfield Say’ I Do’ With A ‘Shades Of Melanin’ Themed Wedding

[ione_media_gallery id=”1695836″ overlay=”true”]