Apple, Inc. (AAPL) Nears Deal with Time Warner Cable (TWC) to Offer TV Programs
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Price: $166.90 +0.64%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
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(Updated - July 2, 2013 3:59 PM EDT)
Apple (Nasdaq: AAPL) shares are moving higher following headlines that it and Time Warner Cable (NYSE: TWC) might be nearing a TV deal.
Bloomberg reports today that an anouncement from Apple and TWC could come within a few months.
Apple is also hiring Pete Distad from streaming content company Hulu. He is expected to aid Apple in negotiations with media and cable executives.
Apple has been expanding content on Apple TV with the latest being Time Warner’s (NYSE: TWX) HBO and Walt Disney’s (NYSE: DIS) ESPN.
Shares of Apple are up 2.4 percent into the close Tuesday.
Apple (Nasdaq: AAPL) shares are moving higher following headlines that it and Time Warner Cable (NYSE: TWC) might be nearing a TV deal.
Bloomberg reports today that an anouncement from Apple and TWC could come within a few months.
Apple is also hiring Pete Distad from streaming content company Hulu. He is expected to aid Apple in negotiations with media and cable executives.
Apple has been expanding content on Apple TV with the latest being Time Warner’s (NYSE: TWX) HBO and Walt Disney’s (NYSE: DIS) ESPN.
Shares of Apple are up 2.4 percent into the close Tuesday.
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