On Wednesday, Shares of Apple Inc. (NASDAQ:AAPL), surged 4.12% to $119.27.
Apple’s TV streaming box hits stores on Friday.
The device, which connects to TV to make it possible to stream content from the web, costs $149 for a 32 GB model and $199 for a 64GB model, according to Business Insiders.
It basically just brings your phone onto your TV screen. “Think of Apple’s fourth-generation box as a way to turn your TV into a giant iPhone,” writes Geoffrey Fowler for The Wall Street Journal. The downside of that is that the Apple TV probably won’t blow your mind, but the bright side is that Apple has managed to make the TV just as easy to use and versatile as its hit phone.
There’s still a lot of work to do. Walt Mossberg wrote for The Verge that the new device is fast and easy to use, but adds that “it feels very much like a first effort at a new approach.” He continues: “Some of its new features, like voice control, are catchups. And some seem too limited.” For example, super-crisp 4K viewing isnt’ supported and Siri doesn’t work in all the apps.
It’s not the best choice for cord-cutters but “cord-shavers” will be interested. Fowler wrote for WSJ that the Roku 4 will be the best option for people who don’t want to pay for cable at all, but that the Apple TV is a good option for people who want to stream more while keeping some of their cable services. People should buy the Apple TV if they’re “looking for a fun casual game system or companion for your other Apple products.”
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, watches, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets; Mac, a line of desktop and portable personal computers; iPod, a line of portable digital music and media players, such as iPod touch, iPod nano, and iPod shuffle; and Apple Watches, personal electronic devices that combine watch technology with an iOS-based user interface.
Shares of General Motors Company (NYSE:GM), inclined 0.71% to $35.22, during its last trading session.
General Motors Company (GM), would pay $420 million as signing bonuses to union workers after approval of a new four-year wage agreement similar to that reached at Fiat Chrysler Automobiles NV earlier this month, according to details offered by union officials, according to WSJ.
The No. 1 U.S. auto maker by sales also agreed to invest $1.9 billion in U.S. facilities over the life contract on top of already declared $6.4 billion in production investments this year. The new investments would create or retain more than 3,300 jobs at 12 work sites, union officials said.
General Motors also would offer a $60,000 retirement incentive to up to 4,000 eligible production employees who agreed to leave the company between Feb. 1 and May 1, 2016, according to United Auto Workers union officials. WSJ Reports
A General Motors spokeswoman declined to comment on the deal’s terms.
General Motors Company (GM) designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, and Vauxhall brand names, in addition to under the Alpheon, Baojun, Jiefang, and Wuling brand names.