Apple could possibly bid for Netflix

[Bapun]

There is a 40% chance Apple will acquire Netflix, according to Citi (AAPL, NFLX)

• Citi analysts say that there is a 40% likelihood of Apple acquiring Netflix.
• Apple will be able to repatriate about $220 billion in cash to the US under the Trump tax cut.
• The company would need only one-third of that to snap up Netflix.