Analyst claims Apple’s ‘biggest strategic mistake’ was not acquiring Netflix years ago<div class="feat-image">
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<p>Analyst Dan Ives, from Wedbush Securities, who has an outperform rating on Apple’s stock, said today that he believes Apple’s “biggest strategic mistake” was not acquiring Netflix years ago.</p>
<p>Ives believes that Apple still doesn’t have a huge stake in the streaming video industry and is behind Netflix, Amazon, and Disney. Ives says that isn’t just a strategic mistake by Tim Cook, but also by Steve Jobs, when he was Apple’s CEO.</p>
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Analyst claims Apple’s ‘biggest strategic mistake’ was not acquiring Netflix years ago