Apple could soon make a bid for Netflix, according to Citi analysts. While it’s complicated and far away from sure-fire, there’s a nice chance it might actually happen, and everything there is hinges on Donald Trump‘s corporate tariff trimmed.

That’s because the GOP tax plan is not simply offers a significantly lower tax rate but likewise boasts a one-time repatriation of overseas money. Apple is said to have $252 billion in foreign money, which it can now bring back to the U.S. without a major charge ten-strike. Citi specialists Jim Suva and Asiya Merchant believe there’s a chance the Cupertino giant will use those funds on a major acquisition.

The analysts ranked the companies Apple is most likely to acquire, and they generated Netflix 40 percentage stranges as the leading target. Second to Netflix is Disney, with a 20 to 30 percentage occasion of buy, but that was before Disney acquired 21 st Century Fox resources. Other firms Apple may be eyeing include gaming houses Electronic Artworks, Activision, and Take-Two( 10 percentage possibility ), and electric automaker Tesla( 5 percent ).

Apple has taken steps to grow its own TV business, but the results are still unsure. It lately launched its first specified of original TV indicates in Carpool Karaoke and Planet of the Apps, and it’s set to reboot the sci-fi classic Amazing Stories with Steven Spielberg. Apple was early to online video streaming with iTunes but has struggled to keep users tuned in as world markets shifted to subscription-based services like Netflix, Hulu, and Amazon Prime.

While Apple is known for conservatively buying up startups and folding them into such an operation, it may chose to make an exception and lurch ahead of its developing competitors now that it has more funds to work with. Netflix has grown rapidly in the last decade and has more than 100 million readers worldwide. It invests billions on more than its original streak, movies, and documentaries.

But until there are firm reports of discussions between these two tech powerhouses, you should take Citi’s predictions with a grain of salt. Apple’s largest acquisition to date was buying Beats for$ 3 billion 2014, so it seems unlikely that it would throw down $75 million for a service it once spent a significant sum emulating against.

We have reached out to Apple and will revise this article if we discover back.

Correction 11:01 am CT: An early form of this report misstated the amount Apple spent to acquire Beats in 2014. That obtain was$ 3 billion , not$ 3 million.

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