Apple’s $252 Billion Cash Repatriation
With Apple expected to bring back over $252 billion into the country following the recent change in U.S. corporate taxes, the company is well positioned to buy high-performing companies in industry sectors that Apple wants to expand into. Top of the list for Citi analysts is Netflix, the video streaming service, which could potentially complement Apple's existing media offerings and provide a new revenue stream through its large user base.