“Brian Marshall of Gleacher & Co. estimates that that Cupertino-based Apple rents about 475,000 TV shows and movies daily versus Los Gatos-based Netflix’s 5.1 million rentals a day,” Silicon Valley / San Jose Business Journal reports. “‘What I’d like to see is Apple buying Netflix,’ [Marshall wrote in a note to clients.] ‘Netflix has approximately 150,000 titles, while Apple has just 15,000. Apple has a tremendous opportunity (if it buys Netflix).'”
Silicon Valley / San Jose Business Journal reports, “Including a 20 percent premium over Netflix’s current market cap, such an acquisition would cost about $12 billion.”
Full article here.