I can see that (and re: antitrust I don't think the gov would have a problem with an Apple/Disney merger either), but I think Apple see themselves more as the enabling platform.
Why take a risk on the downside of creating content when you can charge a 30% toll across all of it? Also a different type of business and model. It would also leave them in conflict with the other media companies.
What I could see is buying Netflix, but Apple would be in a better position to just build that from scratch with better terms (again, the toll for accessing the Apple ecosystem/platform/whatever-you-want-to-call-it).
The other one is Akamai - Apple has been a long-term customer (probably one of the largest), they are delivering a lot of content (and ever increasing) but don't have any real hardcore infrastructure in the way Google and Microsoft do.
The idea of buying Netflix doesn't get Apple into Asia, Continental Europe, or the Africa. It also doesn't do much more than spend the interest on $100 billion. Akamai would put even less of a dent in Apple's cash pile.
Purchasing Disney isn't primarily driven by the fact that they are a movie studio. The purchase makes sense because of Disney's existing media portfolio and the worldwide demographic which their properties attract.
Why take a risk on the downside of creating content when you can charge a 30% toll across all of it? Also a different type of business and model. It would also leave them in conflict with the other media companies.
What I could see is buying Netflix, but Apple would be in a better position to just build that from scratch with better terms (again, the toll for accessing the Apple ecosystem/platform/whatever-you-want-to-call-it).
The other one is Akamai - Apple has been a long-term customer (probably one of the largest), they are delivering a lot of content (and ever increasing) but don't have any real hardcore infrastructure in the way Google and Microsoft do.