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Apple can buy Netflix for 10% of their market cap. It'd be worth it just to watch the total freakout of Amazon and Google.

• lesuorac 3y ago
  Unlikely. Apples volume today was 52,649,132 which times share price is 188$ => 9.8 Billion. Netflix's market cap is 212.41 billion so if Apple tried to print enough shares to cover the acquisition cost they'd tank their share price to 0.
  • bombcar 3y ago
    https://www.cnbc.com/2023/11/02/apple-now-has-162-billion-in-cash-on-hand-less-than-last-quarter.html https://www.cnbc.com/2023/11/02/apple-now-has-162-billion-in... Apple has $162 billion in cash on hand. They could acquire Netflix if they wanted (they don’t want to). Much more likely they buy Pixar off Disney or something.
    • paxys 3y ago
      Most of this cash is in offshore accounts and Apple can't use it domestically without paying a boat load of taxes on it. Moreover Netflix's market cap at the moment is $212B and with even a conservative 30% acquisition premium Apple would have to pay $275-300B. They simply can't afford it.
  • sushid 3y ago
    Not sure why you're multiplying trade volume with their share price? It's a stupid scenario to think of, but the offer would be some combination of cash and shares they own, not newly printed shares out of the blue. And if they did print more shares, how would it "tank their share price to 0"? It's not like a stupid acquisition would instantly vaporize a 2+ trillion market cap company overnight.
• llm_nerd 3y ago
  Apple has already set themselves up for a rotating pummelling of regulatory restrictions, having clearly demonstrated that it will not restrain itself at all from its worst instincts. There is a 0% chance most jurisdictions would allow Apple to buy Netflix, or any similar "competitor".