On Friday, Shares of Apple Inc. (NASDAQ:AAPL), gained 0.83% to $116.10.
Apple Inc. (AAPL), hits another snag as it moves back the launch of its live TV service to 2016. thestreet
The company and CEO Tim Cook is now aiming for 2016 to debut its live Internet-TV service. The negotiation talks to license programming from networks are taking longer than predictable, which is causing the delay. thestreet
Apple Inc. (AAPL) intended to re-invent its Apple TV service, with an aim to acquire a decent market share by providing users with a trimmed package at reasonable charges. The streaming service was initially set to start offering a new ‘skinny’ package from Sep 9 onward, so as to ride the demand wave for the fall TV season.
Apple Inc. (AAPL) is keen on keeping the prices low so as to make its streaming service a noteworthy part of its digital ecosystem. In fact, according to a FBR Capital Markets report, Apple TV service can generate revenues in the range of $2 billion - $3 billion by 2018, which even though miniscule for Apple would create a noteworthy value for the whole ecosystem making Apple an integral part of people’s life.
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.
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