There’s an easy way for Apple to make its rumored streaming video service a hit: buy Netflix. That’s the suggestion of an analyst from J.P. Morgan, who admits it would be very expensive.
And the analyst has recommendations for two other big Apple acquisitions.
Tim Cook sounded confident about Apple’s future when he got on today’s Q1 2019 earnings call with investors this afternoon. Despite slumping iPhone sales and declining revenues, Cook told investors that his company is being managed for the long-haul instead of short-term gains.
Wall Street is already responding positively to Apple’s earnings report with shares trading up in after-hours trading. The company has 1.4 billion active Apple devices in the world, positioning Apple to continue raking in money as no other company can. However, today’s call revealed some new challenges Apple faces going forward.
Apple allegedly wants to tap into the booming gaming industry to boost its growing Services business. The company is reportedly planning to create a new subscription service for games and it’s already talking to developers about becoming a publisher for iOS games too.
T-Mobile is about to launch a new feature as part of its wireless service plans designed to lure in new subscribers: free TV streaming.
The carrier is reportedly planning to enter the streaming wars within the new few weeks with a free, ad-supported video service optimized from mobile streaming. T-Mobile service sounds similar to Verizon’s now-defunct go90 video streaming platform, but T-Mobile is hoping to some extra perks will make it more attractive to customers.
Catching up on your favorite network TV shows through Hulu is about to get a little bit cheaper.
Hulu revealed today that it will lower the price of its most affordable tier from $8 to $6 per month. Of course, the new pricing comes with some compromises but it could help the streaming service gain some ground on its competition.
FAANG stocks suffered a massive dip before the holidays, wiping out $1 trillion in combined value. Now they’re bouncing back — with one notable Apple-shaped exception.
While Facebook, Google, Netflix and Amazon have all gained between 10.7 percent and a massive 50 percent since Christmas Eve, Apple is severely lagging. It’s up just 5.5 percent over the same period.
Apple may have found the perfect TV executive to help it produce a bevy of squeaky-clean TV shows for its upcoming streaming service.
Jason Katims, who created Parenthood and produced Friday Night Lights inked a multi-year deal with Apple will have the award-winning TV veteran develop and produce a number of shows for Apple.
Netflix has confirmed another price hike for subscribers in the United States — its biggest increase since it launched 12 years ago.
The company’s most popular plan, which offers high-definition streaming on up to two different devices simultaneously, will now cost $13 a month, up from $11 a month.
Netflix says it will use the cash to “continue investing in great entertainment.”
New Netflix users can no longer pay for their subscription through iTunes.
You will need to sign up for the service using a browser like Safari instead — but nothing needs to change if you’re paying for Netflix through iTunes already.
Netflix was the biggest earner in non-game apps in the App Store this year. According to data from app analytics company Sensor Tower, the streaming-video powerhouse raked in a massive $790.2 million on iOS during 2018 — or, at least, through November 30.
Here are the other companies that carved out spaces in the top 10 non-game app list.
Binge watching can be something you actually feel good about. That is, if you’re watching content that’s enriching and informative. So instead of spending hours on Netflix, maybe sink into the couch to browse a massive library of documentaries.
One of the hottest indie movie studios in Hollywood is joining forces with Apple to make a series of movies.
A24, the studio behind the Oscar-winning film Moonlight, has inked a multi-year deal to produce a slate of films, in what is the first major movie deal for Apple.
Binging your favorite Netflix shows might be about to get a lot cheaper.
Netflix is currently testing a new mobile-only subscription plan that costs about half the price of the next-cheapest package. The option is currently only available in Malaysia but it’s coming to more markets soon.
The Netflix app is now fully compatible with the new iPad Pro.
It takes full advantage of the space offered by the latest Liquid Retina displays, which are the first iPad screens with rounded corners that stretch edge-to-edge.
Steve Carell is finally making his return back to the small screen after reportedly signing a deal to join one of Apple’s new TV shows.
Apple struck a deal with Carell to star alongside Jennifer Anniston and Reese Witherspoon for its comedy TV series about a struggling morning TV show. The role will be Carell’s first since starring in The Office.
After spending upward of $1 billion creating original TV shows, Apple apparently plans to give them away for free. That would certainly be a bold move as Apple muscles into original video production, but it might be the craziest idea ever.
Here are three reasons why it’s a smart strategy — and three more why it could backfire.
Apple’s new TV streaming service will allegedly debut in early 2019 — and all those original Apple TV shows won’t cost customers anything, according to a recent report.
Despite planning to spend more than $1 billion on original content this year, Apple will supposedly give away its original content to customers that already own an iPhone, iPad or Apple TV.
Apple is spending upwards of $1 billion making original TV shows, but little has been publicly said about the initiative just yet. According to Netflix’s chief content officer, not only are customers in the dark about how Apple will make its shows available — even the folks making the shows for Apple don’t know.
Speaking at the Vanity Fair New Establishment Summit in Los Angeles, Netflix’s Ted Sarandos said that, “I don’t have any idea what that Apple product is going to be. I don’t think anybody does. I don’t think people making shows for them have any idea.”
What’s more, Netflix isn’t worried!
Netflix has bought the global distribution rights to Steven Soderbergh’s latest movie High Flying Bird — which, true to the iconic director’s previous word, was shot on iPhone.
This is the second movie by the Academy Award-winning director to be shot using one of Apple’s handsets. After the release of his last movie Unsane, Soderbergh said he was leaning toward shooting all his future projects on iPhone. It seems that he wasn’t kidding!
Apple’s video offerings could soon rival the biggest streaming service in the game, according to analysts at Morgan Stanley.
Katy Huberty, who has a reputation as one of the best Apple analysts in the industry, thinks video services will be a huge driver of growth for Apple over the next few years. The company’s potential is so huge that Huberty predicts it will rival Netflix by 2025.
A former Apple executive who left to join Netflix has launched a new startup, aimed at producing a searchable library of content which can be adapted for movies or TV.
George Berry worked at Apple for almost six years, first as its Senior Manager of Video Operations and then of Global Media Services. He then jumped ship to Netflix, before teaming up with producer Uri Singer to launch TaleFlick as its COO.
Netflix is among the highest-grossing apps in the App Store, but that might not be the case for much longer. That’s because the video streaming company is supposedly looking for ways to bypass iTunes so as to save itself the money that it currently pays Apple.
The decision is at least partially linked to Apple’s efforts in producing its own original video content, which would make it a direct competitor to Netflix.
Netflix and HBO might be getting some fresh competition soon and we’re not talking about Apple’s growing TV streaming ambitions.
Walmart is supposedly planning to get into the streaming game and it hopes to beat the competition by making the cheapest priced TV streaming service available.
iOS 12 users can finally enjoy Fortnite again after Apple’s latest beta fixed random game crashes.
A problem with downloading Netflix titles has also been eliminated, but a number of new bugs have been introduced with this release — including on that breaks the new Screen Time feature.
A new feature in the Netflix app will automatically download episodes of your favorite shows. This means they’re waiting on your phone or tablet when you’re ready.
Netflix already allows users to download episodes to watch later. The improvement announced today just makes it easier.
