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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
  Report
Delayed Quote. Delayed Nasdaq - 01/22 04:00:01 pm
139.07 USD   +1.61%
02:49aMORNING BID-U.S. stimulus keeps bulls charged
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02:45aChina stocks close higher as consumer firms lend support
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01:11aTHIS WEEK : Consumer confidence, Apple earns, new home sales
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Netflix says it will not join Apple TV service

03/18/2019 | 08:01pm EST
The Netflix logo is seen on their office in Hollywood, Los Angeles

LOS ANGELES (Reuters) - Netflix Inc, the world's dominant streaming service, will not make its TV shows and movies available through Apple Inc's upcoming video offering, Netflix Chief Executive Reed Hastings said on Monday.

"We prefer to let our customers watch our content on our service," Hastings told reporters at the company's offices in Hollywood. "We have chosen not to integrate with their service."

Apple is expected to unveil a television and video service at an event on March 25, a move that will amp up competition for Netflix and others that deliver entertainment programming online.

Sources familiar with the matter have told Reuters that the service may resell subscriptions from CBS Corp, Viacom Inc and Lions Gate Entertainment Corp’s Starz among others, as well as Apple’s own original content.

Walt Disney Co and AT&T Inc's WarnerMedia also plan to offer subscription streaming services.

Asked about the looming competition, Hastings said the biggest challenge for Netflix is to "not get too distracted" by rivals but still "learn lessons" from them.

"These are amazing, large, well-funded companies with very significant efforts," Hastings said. "They are going to do some great shows. I’m going to be envious. They're going to come up with some great ideas. We're going to want to borrow those."

But, he added, "we will make this a better industry if we have great competitors."

Hastings also said he expected Netflix, like other U.S. technology companies, to be blocked in China "for a long time."

(Reporting by Lisa Richwine; Editing by Sandra Maler and Alistair Bell)

By Lisa Richwine


© Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 1.61% 139.07 Delayed Quote.4.81%
AT&T INC. 0.35% 28.93 Delayed Quote.0.59%
BYD COMPANY LIMITED 2.50% 254.6 End-of-day quote.25.30%
GRAINCORP LIMITED -1.18% 4.18 End-of-day quote.-0.24%
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LIONS GATE ENTERTAINMENT CORP. 3.55% 13.42 Delayed Quote.18.03%
NETFLIX, INC. -2.53% 565.17 Delayed Quote.4.52%
THE WALT DISNEY COMPANY 0.88% 172.78 Delayed Quote.-4.64%
VIACOMCBS INC. 1.04% 45.58 Delayed Quote.22.33%
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Financials (USD)
Sales 2021 318 B - -
Net income 2021 67 229 M - -
Net cash 2021 96 637 M - -
P/E ratio 2021 34,7x
Yield 2021 0,61%
Capitalization 2 340 B 2 340 B -
EV / Sales 2021 7,06x
EV / Sales 2022 6,60x
Nbr of Employees 147 000
Free-Float 98,9%
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | AAPL | US0378331005 | MarketScreener
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 44
Average target price 133,29 $
Last Close Price 139,07 $
Spread / Highest target 15,0%
Spread / Average Target -4,16%
Spread / Lowest Target -42,5%
EPS Revisions
Managers and Directors
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Independent Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.4.81%2 339 611
SAMSUNG ELECTRONICS CO., LTD.7.16%526 208
XIAOMI CORPORATION-10.24%96 742
WINGTECH TECHNOLOGY CO.,LTD27.78%24 298
MERRY ELECTRONICS CO., LTD.-8.19%1 006
FOCUSRITE PLC-2.33%831