Despite much speculation on Wall Street and in the media that Apple should buy Disney, one analyst believes that there’s a simpler solution that could benefit both parties: a strategic partnership or acquisition of ESPN.
In a research note to clients on Wednesday, Wedbush analyst Dan Ives said that an ESPN deal would be a “no brainer.”
“We believe Apple would be much more interested in the ESPN asset than Disney overall as Cupertino is focused on a number of other key strategic initiatives with an acquisition of the Mouse not making a ton of sense in our view,” Ives wrote.