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.
When shelling out for access to services like Netflix and Hulu Plus, you’re not banking on being barred from access just because you take a trip out of the country. Getflix is a service to make sure that never happens, and right now you can get a lifetime subscription for just $39.
A Hulu Plus application seems like the perfect addition to Apple’s $99 set-top box. While the device already comes packing a native Netflix app, the only way users can access current TV shows is by using the iTunes Store. According to some sources, however, a Hulu Plus app is ready to go, but Apple may not release it.
Apple’s abundance of available cash is certainly no secret. With $76.2 billion in the bank at the end of the June quarter, the company has more money then the gross domestic product of almost two-thirds of the world’s countries. But what will it do with all that cash? Just sit on it in case of an (incredibly) rainy day?
Of course not. To begin with, it may just be about to buy Hulu.
We’ve been keen followers of developments at CloudEngines, the outfit behind the Pogoplug network-attached storage device, ever since we reviewed the first one back in late 2009. This month, a little over two years after the Pogoplug debuted, brings a whole raft of new offerings from the company — including one that may bring a big surge to NAS popularity in general.