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Apple Announces It Can Acquire Big Business: Is Netflix the Destination?

  • July 31, 2022
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US-based technology giant founded in 1976 Appleis one of the leaders in its field with the products it has launched. Apple, one of the largest companies in the

US-based technology giant founded in 1976 Appleis one of the leaders in its field with the products it has launched. Apple, one of the largest companies in the world, is known for investing in various topics in addition to hardware.

Now, new information has emerged about the company, which released its financial report for the second quarter of the year and recently reported record sales. Speaking to investors about the earnings report, CEO Tim Cook said the company shopping did not rule out the possibility. This is ‘Is Apple planning a big purchase?’ the question raised.

Tim Cook says Apple can buy a big company if it makes sense

61-year-old CEO to Tim Cook During his meeting with investors, questions were asked about the services market, which is growing every year. To further expand the company’s services,external products’ The famous businessman was also asked if he was interested in buying it. Cook stated that this possibility may arise; but such a move without a strategic plan He made it clear that this would not happen.

While Cook did not provide a detailed answer about Apple’s strategies, the company’s potential acquisitions the market constant He said he followed. The CEO stated that Apple will not refuse to buy a major company if it makes sense, the CEO said, at least for now. smaller companies buy and Apple recruiting people who can add energy He added that they are focused.

Could Apple Buy Netflix?

The question that arises is that Apple seems to have had some economic problems of late. Netflix One may think it has to do with the buying opportunity. Many analysts believe that Apple should buy Netflix. It is argued that such a merger could benefit both companies. Of course there are also people who say that it is too late for this purchase. As is known, Apple does not have a very large library, but it does have successful productions. streaming service AppleTV+ offers its customers.

Finally, it should not be taken for granted that it is claimed that Microsoft can buy the popular cinema and TV series platform lately. We’ll see in the future if there’s such a big purchase from tech giants.

Source: Web Tekno

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