Be ready for the big deal of the year, Apple could buy Netflix

Be ready for the big deal of the year, Apple could buy Netflix

American Tech Giant can purchase Apple Video Streaming Channel Netflix.

New Delhi: American Tech Giant can buy Apple Video Streaming Channel Netflix. Two city analytics, named Jim Suwas and Asia Merchant, say that 40 per cent expect Apple to buy Netflix. He said that in fact, under the new tax policy of America, Apple has to return nearly $ 140 trillion (220 billion dollars) to its country of America. 

The company has around $ 160 trillion ($ 250 billion), which is growing every year by about 31 trillion rupees ($ 50 billion). He further stated that Apple has been saving cash in the country due to the excess tax in America. 

Significantly, 90 percent of Apple's money is abroad, after the new tax policy, Apple can bring its cash back from other countries to the US.

According to the report of Binjes Insider, Apple iTunes, popular with songs, films, TV shows, episode collections has become very popular. But now the influence of Netflix has increased in online movies and TV series, which is getting more news of this acquisition.