Should Apple Buy Up a Hollywood Studio?

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Apple has a lot of cash to spend, and some investors have mused that the iPhone maker could use it to flesh out its content ambitions. 

It's preparing to launch TV+, its much-anticipated streaming service, on Nov. 1. And it surprised many observers with a lower price point than expected, at $4.99 per month plus a one year free for customers who purchase certain Apple devices.

At launch, Apple's TV+ will have only a handful of titles available, and plans to add more each month. Wedbush analyst Dan Ives has argued that Apple should buy up a film studio -- such as A24, Sony Pictures (SNE) - Get Report , or Lionsgate (LGF.A) -- to help boost its content library. Others have speculated that Apple could make a bid for Disney DIS at some point. 

Given Apple's one-year trial, however -- not to mention the fact that streaming isn't a make-or-break vertical for the trillion-dollar tech giant -- Apple likely has a bit of leeway to experiment and see what subscribers respond to. 

Apple and Disney are holdings in Jim Cramer's Action Alerts Plus portfolio.

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