For some time now, the possibility of a merger between the two companies has been coming from the foreground and why not? Since Apple announced its Apple TV + streaming service, most analysts remain skeptical, thinking that this move is coming late in an already crowded market. So it will take years and billions of dollars to catch up with Netflix or Amazon. Netflix has 150 million users worldwide.
Despite some uncertainty about the steady growth of Netflix users, the company performed better than expected on Wednesday, but the prospects for consumer growth remain.
Apple, on the other hand, has about $ 90 billion in cash or other assets. And other fixed assets worth $ 115 billion. A Netflix purchase would cost Apple more than Netflix’s market share of $ 124 billion. At a 25% surplus, Apple will have to give $ 160 billion.
Certainly, however, Apple’s management has reviewed this option and all possible approaches. Analysts are more likely to merge between the two companies. Apple, which has money and millions of their devices worldwide, and Netflix, which have a huge library of content and users but lack money.
Trader Martin Nikolov