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
Residents near wildfire in California battle hazardous air
The smoke coming out of the wildfire on the West Coast is reaching cities several
Belding, Michigan, woman says she received postcard stamped 100 years ago
All of us have witnessed post office delays in terms of receiving a postcard. However,
JP Morgan Chase claims misconduct in government coronavirus relief programs
Several media outlets received a memo released by JP Morgan Chase. The company memo alleged
NWS records historically highest temperature in Los Angeles County
The National Weather Service (NWS) reported on Sunday that they recorded the highest temperature of
Thousands gather at historic Washington civil rights march
The 1963 civil rights March on Washington is commemorated as thousands gather in Washington DC.
Highway construction boosted amid COVID-19 pandemic
CalTrans, the department of transportation of California, was supposed to initiate the construction work of
Outdoor learning is a solution to reopen schools during COVID-19 pandemic
Virtual learning is not adequate for many working families and students due to the lack
COVID-19 Takes a Toll on US Economy
The COVID-19 Pandemic has shaken the US economy. Between April and June, the US economy
US says it will withdraw 12,000 troops from Germany
United States is moving to withdraw 12,000 troops from Germany. The move complies with President