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re: Anybody else think Disney Stock hits low 70's on Wed??

Posted on 8/10/23 at 9:09 am to
Posted by Atttaboy
Atlanta, GA
Member since Aug 2014
333 posts
Posted on 8/10/23 at 9:09 am to
The thing for Apple is that they’re in the media and entertainment space as a very small player at this point. Apple’s DNA is to be a major player in any market that they enter. Netflix, Amazon, all the legacy Hollywood studios, and even Google (YouTube) are eating their lunch.

If Apple wants to be one of the top entertainment brands, they can only do that quickly via acquisition.

Apple and Disney have a history together back to the Pixar acquisition times.

I’m not saying that this will happen, but I wouldn’t be shocked in the least if it does.
This post was edited on 8/10/23 at 9:10 am
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