Apple investors are likely looking for the company to use its massive cash pile to make acquisitions, and names like Netflix, Activision Blizzard and Sonos are among those JPMorgan sees as strong strategic fits.
Sonos has filed for a US initial public offering as the wireless speaker pioneer gears up to take on increasing competition from Amazon, Google and Apple. Along with rich rivals, the company warned that an escalation
Sonos is going public, and Amazon looms large over the wireless speaker company’s fortunes. Sonos built itself up as a kind of digital Switzerland, allowing customers to stream music from any major service