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.

Shawn Genzone

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

US to probe Technology giants’ power

The technology giants need to be wary as the US Justice Department has announced that

Apple has excited news for the people of Chicago

Apple will initiate Ventra support in Chicago along with two other cities. Apple has been

July Heat Deaths Reach Decade High in Cook County

Six people have died from heat-related causes in Cook County this July, making it the

Apple Expands U.S. Chip Deal With Broadcom

Apple will purchase more than $30 billion in chips from Broadcom under a multi-year supply

Contreras Added to AL All-Star Roster

Boston Red Sox first baseman Willson Contreras has been added to the American League roster

Taste of Chicago Returns to Grant Park

Taste of Chicago will return to Grant Park from July 8 to 12, bringing the

Chicago Minimum Wage Rises to $17.05

Chicago’s minimum wage increased to $17.05 per hour on July 1, 2026, for employers with

South Side marks Juneteenth with major events

Chicago’s South Side became the focal point of one of the city’s busiest cultural weekends

Cubs erupt early to clinch series over Rockies

The Chicago Cubs used a dominant second inning and strong pitching from Javier Assad to