Strategist says that biggest mistake of Tim Cook as Apple’ head is not investing in Netflix

Strategist says that biggest mistake of Tim Cook as Apple’ head is not investing in Netflix

Managing director of equity research at Wedbush Daniel Ives says that Tim Cook’s biggest mistake is not buying Netflix.

He says that Apple lacks original video content which could be filled by acquiring Netflix.

There are reports that Apple will launch their own streaming service in April which could have content of various production studios.

J.P. Morgan analyst Samik Chatterjee have also expressed their views of Netflix acquisition having positive impacts on Apple company.

However, not everyone agrees with these thoughts. Cathie Wood, CEO and CIO of ARK Invest told that Apple should invest money in building their own video service platform than buying any existing service.

 

Senior writer at the Chicago Morning Star

Related Posts
Apple are thinking about reducing their prices due to drop in sales
Apple boss Tim Cook has given signals that the price of their products could be
POTUS promotes hydroxychloroquine as coronavirus treatment once again
The efficacy of the hydroxychloroquine has been disputed by several trials so far. However, President
National Football League officially cancels preseason schedule on Monday
The National Football League (NFL) announced on Monday evening that it had officially canceled the
National poker player Susie Zhao found dead in Detroit suburb
Susie Zhao, a 33-year-old Michigan lady, was found dead in a Detroit suburb on July
CDC put emphasis on reopening schools this fall
The Centers for Disease Control and Prevention (CDC) emphasized reopening schools this fall. In the
Biden says Trump is first racist president of America
Joe Biden, the former vice-president of the US, said on Wednesday, “Trump is the country’s
Ohio nurse sacrificed his life during taking care of COVID-19 patients
Matt Moeddel, a 43-year-old Ohio nurse, lost his life after being infected by the deadly
Community State Bank offers bonus for coins
The Community State Bank located in Wisconsin is offering a bonus for turning over change.
Chuck Woolery says his son infected by coronavirus
Chuck Woolery, a former Love Connection host, said that his son contracted the coronavirus. A
US Rep. John Lewis dies at the age of 80
US Rep. John Lewis, a civil rights activist, has died at the age of 80.