RBC Capital analyst Amit Daryanani has a suggestion for how Apple could spend its cash stockpile, while also growing its presence in media: buy the Walt Disney Company.
“There are plenty of factors to consider,” Daryanani wrote in a note to investors, “but such a deal would create a tech/media juggernaut like no other and instantly scale AAPL’s services, content, and media portfolio, which would make the case for a higher valuation.”
