Analyst: Apple could use ‘major acquisition’ in media or cloud space to help reach services growth goals<div class="feat-image">
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<p>Ahead of Apple’s
fiscal Q2 earnings call later today, a note from Barclays analysts points to chatter among investors that Apple is eyeing a major acquisition of a media company.</p>
<p>The report from analysts Mark Moskowitz and Daniel Gaide claims that the move could allow Apple to achieve its services growth goals that could otherwise slow alongside iPhone sales, and that an acquisition of a company in the cloud services as opposed to media is also a possibility.</p>
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Analyst: Apple could use ‘major acquisition’ in media or cloud space to help reach services growth goals