Apple to acquire Netflix?
The new US corporate tax cut may be put to good use by Apple which is looking to take advantage of the initiative in the acquisition of entertainment company, Netflix. Citi analysts, believe that there is a strong possibility that Apple will acquire Netflix with the new tax rules. It appears that Apple has struggled a bit with iTunes as users seem to prefer the likes of Netflix, Amazon or Hulu to see TV shows. As of now, Apple has signed the likes of Jamie Erlicht and Zack Van Amburg to spearhead its Hollywood push. Apple is trying hard to compete with Google’s Youtube and Amazon which are having great success among users worldwide.