Analysts React to Apple TV+: ‘It’s Going to Be A Cash Drain’
Published on Sep 14, 2019
Apple TV+ will only cost $5 per month, but the upcoming streaming service needs more than a low price to impress investors.
Stock analysts who cover Apple have mixed opinions about the company’s streaming service, which launches November 1, but the skeptics outnumber the optimists. Although Apple finally released the essential launch details about Apple TV+ during a media event in Cupertino, California earlier in the week, the news wasn’t enough to win over some analysts.
Apple TV+ is competitively priced—Apple will also offer a free year of the service to customers who purchase any iPhone, iPad, Apple TV, iPod touch or Mac—and will likely feature the kind of glossy interface that defines Apple’s signature tech products, but as with all things streaming, content is king. The service will debut with a handful of original television shows, but the service’s launch slate pales in comparison to
Read full article at: Indiewire
Author: Tyler Hersko