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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple    AAPL

APPLE (AAPL)
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iPhone owners may soon get original shows for free: Report

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10/12/2018 | 02:26am CET

San Francisco As part of a new digital TV strategy, Apple may give owners of its devices, such as the iPhone, iPad and Apple TV, free access to content owned by the company in addition to an option to subscribe to services from legacy media companies, CNBC reported.

The subscription "channels" of the product will allow customers to sign up for online-only services, such as those from HBO and Starz, said the report on Wednesday, citing unnamed people familiar with the matter.

On producing original content, the Cupertino, California-headquartered tech giant is reportedly spending about $1 billion.

When the new services roll out, they may come loaded in the pre-installed "TV" application of Apple devices.

The revamped app may be launched by Apple early next year, the report said, adding that an Apple spokesman, however, declined to comment on the plans.

According to a report in the Wall Street Journal last month, Apple has about 24 original shows in production and development.--IANSgb/bg

(c) 2018 Qatar Tribune. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 278 B
EBIT 2019 72 435 M
Net income 2019 61 596 M
Finance 2019 95 066 M
Yield 2019 1,86%
P/E ratio 2019 12,43
P/E ratio 2020 11,33
EV / Sales 2019 2,48x
EV / Sales 2020 2,42x
Capitalization 785 B
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Number of Analysts 41
Average target price 224 $
Spread / Average Target 35%
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NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
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