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Analyst: Apple should use cash reserves to buy Netflix

CNBC 02/04/2019

J.P. Morgan analyst Samik Chatterjee thinks that Activision Blizzard, Netflix or Sonos would make strong strategic acquisition targets for Apple. Of the three, Mr. Chatterjee thinks Apple would be best served acquiring Netflix, which is the “best strategic fit on leading position in engagement level as well as original content, differentiating itself from pure aggregators of content.”

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