It's a tax efficient way to deliver value to shareholders. If you want to be an Apple shareholder, you'll definitely be happy owning a slightly larger piece of

It's a tax efficient way to deliver value to shareholders. If you want to be an Apple shareholder, you'll definitely be happy owning a slightly larger piece of Apple. You may or may not want to own Netflix, but if you do you can already go and do that without Apple deciding for you. The only M&A deals that I would want to see would be ones that help in their core business of selling technology to consumers. That would probably be companies no one has heard of that make and design components for future devices, semiconductor companies, etc.