Apple (AAPL) More Likely to Partner vs Acquire Netflix (NFLX): Bernstein - Boomberg
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Should Apple (AAPL) Buy Netflix (NFLX)? Bernstein's Sacconaghi Answers
October 5, 2016 12:04 PM EDTTakeover rumors have been swirling around Netflix (NASDAQ: NFLX) for years but the vague murmurs grew to a dull roar last week, which has put a solid bid under the weakest-link of the mighty FANG stocks.
Today, Bernstein's crack tech analyst Toni Sacconaghi weighed in on the matter regarding one rumored suitor - Apple (NASDAQ: AAPL) (Disney is the other rumored suitor).
Sacconaghi said while Apple could easily buy Netflix, it would be out of character for the tech giant. However, a partnership... More
