Apple (AAPL) To Go For Netflix's (NFLX) Jugular
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $291.13 -1.52%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +19.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +19.7%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) could soon release a world of hurt on Netflix (Nasdaq: NFLX) with its own streaming video service and treasure trove on content.
According to analyst Peter Misek at Jefferies, "as part of Apple's roll-out of cloud video services (and eventually an iTV), we believe Apple has unannounced deals with all/most of the studios/TV networks that are similar to the subscription streaming deal between Amazon and CBS."
These comments from Misek jive with rumors reported today at AppAdvice.com, suggesting that Apple may be near "launching a full-fledged re-downloading and possibly streaming service named iTunes Replay."
According to analyst Peter Misek at Jefferies, "as part of Apple's roll-out of cloud video services (and eventually an iTV), we believe Apple has unannounced deals with all/most of the studios/TV networks that are similar to the subscription streaming deal between Amazon and CBS."
These comments from Misek jive with rumors reported today at AppAdvice.com, suggesting that Apple may be near "launching a full-fledged re-downloading and possibly streaming service named iTunes Replay."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Exxon Said To Study Takeover Targets Including Woodside Energy - Bloomberg
- Jefferies sees a buying opportunity in this steel stock
- Genco board commits to limit rights agreement extensions to 12 months
Create E-mail Alert Related Categories
Insiders' Blog, RumorsRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
