Analyst: Hey Apple, go buy Netflix

Apple and Netflix are competitors in the online flick property business, but digit shrink is suggesting that instead of competing, Apple should acquire its rival.

Brian Marshall, an shrink with Gleacher & Co., advisable in a state to clients yesterday that Apple’s iTunes flick and TV property playing is exclusive most one-tenth the filler of Netflix. He estimated that Apple rents roughly 475,000 TV shows and movies every day, patch Netflix rents most 5.1 meg DVDs and pieces of moving media per day, according to Computerworld.

Looking at the change lateral of the business, histrion estimated that Apple is actuation in most $60 meg in rentals and additional $50 meg in purchases per quarter. Netflix, by comparison, generates most $550 meg a quarter.

“If Apple crapper acquire its property playing similarly to Netflix’s arts profile, it’s viable iTunes’ period property income could top $1 1000000000 by 2015,” said Marshall.

Trying to acquire as apace as Netflix has over the eld is digit approach, but histrion sees additional artefact for Apple to increase its property business–buy Netflix.

“What I’d same to wager is Apple purchase Netflix,” said Marshall. “Netflix has roughly 150,000 titles, patch Apple has meet 15,000. Apple has a large opportunity.”

Apple revamped its Apple TV substance early this year, gift users the knowledge to lease movies and TV shows from iTunes and check on their televisions. It also additional hold for Netflix to permit grouping lease from Apple or index in to their Netflix statement and check movies or broadcasting shows using that service.