Apple Needs to Buy a Hollywood Studio to Compete with Netflix and Amazon

Apple Needs to Buy a Hollywood Studio to Compete with Netflix and Amazon

TweetShareIn the face of declining iPhone sales, Apple has repeatedly hinted that it will be relying more and more on services for future revenue growth. But to beat Netflix and Amazon in video streaming, it will have to acquire a Hollywood studio, according to an analyst at investment giant Wedbush.While Apple could still continue to…