Friday, July 22, 2011

Apple may be considering a bid to purchase Hulu

Two sources familiar with the auction are reporting to Bloomberg that Apple is considering a bid to purchase the Hulu service. This isn’t too hard to believe considering Apple has $76.2 billion in cash and securities. Hulu is already a competitor to Netflix but if Apple does make an offer, this may give Netflix an [...]

Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/YUZbtBqa0p0/

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