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Apple joins Microsoft from the stock exchanges-the throne

In the hope of increasing revenue through a new Video service flows, investors are flocking to Apple. With a market value of 920 billion dollars of the technology group are now back in front of Microsoft the most valuable company on Wall Street.

On Friday, the paper rose in pre-market. Numerous analysts raised their thumbs up for the movie streaming service, to be presented on Monday at the company's headquarters in California, and Apple wants to get rid of his iPhone addiction. The Smartphone, with the Apple revolutionized the mobile industry, not least quite so often on the shelves as before.

insiders expect that Apple wants to offer the Video service in the world and the competition with the top dogs, Netflix and Amazon fuelling.

The potential revenue from subscription fees for playing movies directly from the Internet are no longer in the focus of investors because of the sales of Apple due to lower iPhone demand in the last quarter (to 29. December) was decreased by five percent to 84.3 billion dollars. The Service offerings further expand, Apple wants to respond according to insiders, also cooperations with media companies.

Apple could save the TV service with an annual income of seven to ten billion dollars, explained the analysts of the brokerage house, Wedbush. The announcement of a Video service is possibly just the start of a larger Transformation for Apple this year.

analysts at JP Morgan expect that the new offer more paying customers in the already existing music-Streaming service lured. This could increase revenues significantly. Also, the experts of the brokerage house Nedham see the TV plans as a step in the right direction. They rated Apple's stock to "Strong Buy" from "Buy" to the top and increased its price target to $ 45 to $ 225. (aru/sda)

Created: 22.03.2019, 14:51 PM

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