Apple video service might force Disney CEO out of board seat

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Bob Iger
Disney Chairman and CEO, Robert A. Iger.
Photo: (Disney/ABC/ Heidi Gutman)

Disney CEO Bob Iger’s seat on Apple’s board of directors might be at risk as both companies pursue video streaming services.

Apple hasn’t asked Iger to step down yet, but a new report shines light on what could soon become a very conflicted relationship. Disney and Apple have enjoyed close ties ever since Disney bought Pixar from Steve Jobs. Now it looks like the two companies are about to become close rivals.

Apple’s greedy terms for new service reportedly spook publishers

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Apple News
Apple wants a giant piece of publishers’ action
Photo: Ste Smith/Cult of Mac

Apple is reportedly taking a hard line with publishers during its negotiations for a proposed news subscription service.

Aiming to become the “Netflix of news,” Apple’s as-yet-unannounced service would give customers unlimited access to articles from popular publishers for just $10 per month. However, news organizations are reportedly balking at Apple’s proposed revenue split, which sounds downright greedy.

Apple reclaims crown as most valuable public company

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Tim Cook earnings apple
Tim Cook is really good at making money.
Illustration: Ste Smith/Cult of Mac

Apple is back to being the world’s most valuable publicly traded company once again.

The company’s stock price has been rising steadily since Apple revealed its first earnings of 2019 last month. Worried investors ditched the stock at the beginning of the year due to slumping iPhone sales, but it just passed Amazon and Microsoft today, putting Apple back on top.

Morgan Stanley thinks Services will help Apple hit $1 trillion again

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money
Services are a growing focus for Apple.
Photo: Ste Smith/Cult of Mac

Apple shares have rebounded some from the company’s holiday season slump, but its $787.6 billion market cap has a way to go before it’s back at the $1 trillion level it hit last summer.

Analysts at Morgan Stanley have a suggestion for turning things around, however. They think that Apple’s Services division could see Apple once again take its place in the exclusive trillionaires club.

Enjoy Apple Music on American Airlines without buying Wi-Fi

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Apple Music on American Airlines
Forget downloading your playlists before takeoff.
Photo: Apple

Starting Friday, Apple Music subscribers can enjoy the service on domestic flights with American Airlines without purchasing Wi-Fi.

Complete access to the service and its more than 50 million songs will be available on flights equipped with Viasat satellite Wi-Fi. American Airlines is the first commercial airline to offer the service.

Everything you need to know about Apple’s disappointing holiday quarter

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Blind survey
Apple says its playing the long game.
Photo: Duncan Sinfield

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.

iPhone sales slump, but Apple’s in it ‘for the long term’

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quotes on Apple
Measure the money, not number of units sold.
Illustration: Cult of Mac

Apple unveiled its earnings for Q1 2019 this afternoon and as expected, total revenue came in a lot lower than Apple originally predicted at the end of last year, with iPhone sales dropping 15%.

Thanks mostly to slumping sales in Greater China, Apple posted $84.3 billion in revenue, marking a drop from the $88.3 billion the company pulled in during the same quarter a year ago. Even though iPhone sales are struggling, Apple’s services are bringing in more money than expected, giving investors some good news.

Why this week’s Apple earnings report is the most important in years

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Earnings call
Tim Cook and Luca Maestri will reveal Apple's Q1 earnings on February 1.
Photo: Jim Merithew/Cult of Mac

When Apple unveils its earnings report for last year’s crucial holiday quarter, the entire world will be watching for signs of the company’s long-rumored impending doom.

Several factors will make Tuesday’s Q1 2019 earnings call Apple’s most important in years. Depending on how it goes, it could have an enormous impact on the company’s stock’s performance in 2019 and beyond.

Apple could sell subscriptions through upgraded TV app

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Apple TV
Apple will upgrade TV app around April.
Photo: Apple

Apple is reportedly planning to upgrade its TV app with support for subscription services. This will likely happen around mid-April 2019.

Don’t necessarily expect this to be the debut of Apple’s original TV efforts, however. Instead, this likely refers to making it easier to subscribe to service like HBO Now using the TV app, instead of having to subscribe through HBO’s app.