Is Apple’s TV venture bad news for Walt Disney?
US tech giant Apple launched its streaming service Apple TV+ at a star studded event in its Cupertino headquarters on Monday 25 January. The service will host the group’s own portfolio of content, while its revamped Apple TV service will bundle together many TV channels in a Netflix-style platform. Should its competitors be worried?
Apple’s product launch event was a bit like a glimpse into dystopian future where the world is run by robots, everyone is impeccably dressed and impossibly impressed with everything the robots throw at them.
Apple (US: AAPL) is a great business, but its “show” to “launch” its new TV service (or relaunch Netflix) was unbelievably irritating. Either Apple developers have never used Netflix (US: NFLX) and it is a remarkable coincidence that their streaming platform…
Continue reading our content…
- Unlimited access to our market-beating portfolios
- In-depth coverage of many of the world’s great companies
- Unique insights from our top research team
- Company and markets insights
- Sponsored content
Previous article Next article