OPINION

Apple needs to part with its cash to generate more

News, Barry Ritholtz, Published on 29/01/2018

» Back in November 2017, I suggested that Apple Inc should use some of its immense cash stockpile to buy rather than build its video library and streaming offerings. My idea was a straight purchase of Netflix Inc in an all-stock deal valued at about US$100 billion. That was a nice premium to where it was trading then, using Apple's valuable stock currency to beat Amazon.com Inc or some other buyer to the punch.