Apple’s TV Streaming Service Could Top $10 Billion

Apple has announced the existence of Apple TV+. In short, this is the tech titan’s version of a TV streaming service, which should come as welcome news for people who wanted a native option for their Apple devices. There is still much that remains unknown about Apple TV+ at this point in time, but there is more than enough to provide interested individuals with some food for thought. Here are some of the things that interested individuals might want to know about Apple TV+:

Paid Service

For starters, Apple TV+ will be a paid service. However, pricing information hasn’t been revealed at this point in time, meaning that interested individuals will have to wait until that has been remedied. The fact that Apple TV+ will be a paid service is very unsurprising but nonetheless very relevant because some people thought that it might be offered for free for people who have purchased Apple devices to provide them with even more incentive to make such purchases.

No Advertisements

On the plus side, it seems that Apple TV+ will come with no advertisements whatsoever. For people who can’t stand having their leisure time waste on advertisements, this could make Apple TV+ into a potential contender for their streaming service subscription.

Will Have Its Own App

It is interesting to note that Apple TV+ will have its own app. Moreover, Apple’s own streaming service will be sharing the app with other streaming services in the sense that interested individuals will be able to use it to subscribe to other streaming services as well. On the whole, this might not seem like much, but it is nonetheless a boost to convenience.

Original Content

Of course, streaming services need something special to convince interested individuals to choose them rather than one of their ever-increasing number of rivals. Generally speaking, this means original content, so it should come as no surprise to learn that Apple has been teaming up with a wide range of creative figures to create original content that can bring in subscribers. For example, it has been revealed that Steven Spielberg will be resurrecting a TV show that he made in the 1980s, which was based on the Amazing Stories magazine. Likewise, Jennifer Aniston, Reese Witherspoon, and Steven Carrell are set to launch a comedy show set in the morning talk show scene, while Jason Momoa and Alfre Woodward are doing something in science fiction. On top of this, Apple has even managed to secure partnerships with Oprah as well as Sesame Workshop, which is news that could be very interesting for certain viewers out there.

Final Thoughts

Unsurprisingly, a wide range of parties have already put considerable effort into estimating how Apple’s streaming service will turn out. Of course, they are acting on limited information as well as limited predictive capabilities, meaning that interested individuals should always treat their statements with a grain of salt. However, said predictions can nonetheless provide readers with a surprising amount of insight from time to time.

For an example of what is being said, consider how Wedbush analyst Dan Ives is speculating that Apple’s streaming service could generate between $7 billion and $10 billion once it is up and running. However, for a lot of people, what they are really interested in is Ives’s follow-up statement about the impact that this will have on Apple’s stock price, which has caused him to change his 12-month price target from $200 to $215. In part, this is because of the people who will be convinced to sign up for the Apple TV+ streaming service. However, it is important to note that there will be people who will be convinced to make more use of Apple devices because of the existence of the Apple TV+ streaming service, thus increasing Apple device sales.

Regardless, Apple is the latest entrant into the streaming services market. There is a lot of competition packed into said market, but Apple has plenty of enthusiasm packed into its fanbase as well as a huge war-chest that can be used to fund original content, meaning that it has a solid launching pad. Due to this, its future efforts to carve out a share of the market is bound to be exciting for people who are fascinated by corporate fights for customer loyalties.

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