Tuesday, February 19, 2019
Streaming TV Service Revenue Will Be a ‘Drop in the Bucket’ for Apple, Even If It Rivals Netflix
Analyst Tim O’Shea recently published a new research report looking at the impact of Apple’s upcoming streaming TV service on the company’s overall financial earnings (via Business Insider). According to O’Shea, even if Apple priced the service at $15/month (and took a 30 percent cut, while the rest went to video production partners), the resulting revenue would just be “a drop in the bucket.”
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