I doubt this would ever happen, but it's interesting to think about.
http://www.foxnews.com/scitech/2011/07/25/apple-and-hulu-why-im-not-buying/ (http://www.foxnews.com/scitech/2011/07/25/apple-and-hulu-why-im-not-buying/)
yeah, it's been a "rumor" for a the last week or so. Apple has a HUGE amount of cash on the books, $31.1 BILLION. It's either aquire another company or pay a dividend (unlikley). Hell, they could buy Netflix and still have $15 Billion left over.