Apple‘s streaming video service hasn’t taken the world by storm. But an analyst predicts strong growth in coming years will push Apple TV+ to over 100 million paid subscribers by 2025.
Samik Chatterjee from J.P. Morgan points out the service’s catalogue keeps getting bigger, with Apple willing to invest plenty of money to continue that trend.
Even though every new iPhone, Mac or iPad purchased last fall came with a free subscription to Apple TV+, a relatively small percentage of people signed up, according to an analyst, who estimates that the strategy garnered the streaming service only 10 million subscribers.
Apple has a real hit on its hands with the 10.2-inch iPad it launched last fall. It helped push Apple to a 22.7% year-over-year increase in tablet shipments last quarter, according to a market-research firm.
iPadOS devices continue to vastly outsell all their rivals, and Apple increased its lead in the final three months of 2019.
Apple CEO Tim Cook called augmented reality “the next big thing” this week. But he kept quiet about his company’s specific plans for this emerging technology. So Cult of Mac reached out to industry analysts, who predict that this year’s iPhone and iPad will come with AR equipment built in. And, for the future, they’re optimistic about Apple’s rumored AR glasses.
The budget iPhone 11 version was Apple’s biggest seller by a very wide margin last quarter, according to a market-research firm. It has the lion’s share of all iOS sales.
Still, the 11 Pro and 11 Pro Max also sold fairly well in Q4 2019, making up a higher proportion of Apple’s total sales than the iPhone XS series did in the same period the year before.
Apple’s share price is more than double what it was this time last year. Cult of Mac asked prominent market-analysis firms to explain this meteoric rise. Several of them listed not just the upcoming debut of the 5G iPhone for investor optimism, but also the imminent launch of a budget model.
If you bought Apple shares on Jan. 9, 2019 then you’ve doubled your money since then. And while Apple certainly had a good year, it’s not done yet.
Analysts are predicting big increases in the share price because of the company’s changing mix of products — it’s not just an iPhone maker any more.
One of the most bullish Apple analysts is predicting that the iPhone-maker’s stock price still has plenty of room to rise.
Apple shares hit an all-time high of $300 last week and currently trade just under that mark. In his latest note to investors, Wedbush analyst Daniel Ives is predicting huge gains for AAPL in 2020, but not all analysts are nearly as optimistic.
Apple will beat out Samsung and Huawei in 5G handsets next year, according to a forecast by industry analysts. This despite accusations by some critics that not putting 5G in the iPhone 11 would put Apple far behind its rivals.
The iPhone 11 along with the Pro series reportedly accounted for a sizable chunk of Apple’s August-through-September handset sales, even though they were only available for two weeks during that quarter.
The most popular new model is the 6.1-inch iPhone 11, which costs significantly less than that iPhone 11 Pro series.
