Donald Trump’s tax reform may allow Apple to buy Netflix

02 . Jan . 2018
Reading Time: 1 minute

There was news about Apple planning to launch their streaming service, but with the new tax regime, they might be looking to buy the streaming behemoth Netflix. According to financial analysts, Apple has more than $220 billion in cash and that stash’s growing every year. Research says that while iTunes was and is a big hit for Apple, users are now moving towards other services like Netflix and Amazon. Apple has made it’s intention to enter the streaming world clear, with news of the iPhone maker cutting a deal with Reese Witherspoon and Jennifer Aniston for a new show.  Netflix, on the other hand, is betting big on original content. A big deal like this can change the landscape of streaming.