1- Cable operator- re-invent the TV content space- imaging owning it's own content provider for all it's devices.
2- If it doesn't go after a cable operator it should go after Netflix
2- sony's TV division, or go after Sharp, what away to enter the TV market. It would bring in talent an d technology that apple could build on.
3 Tesla- apple prides itself on quality why not buy the quality car maker that's on the cutting edge.
It makes perfect sense if apple wants to grow into new categories , why would it want to start from the ground up..
Everyone of the above opportunities would allow apple to buy technology and redefine it under it s own culture.
Disclosure: I am long AAPL, .