Apple has already done some video-content-related projects and is rumored to be planning to make further progress in this field. Some experts say this is going to be done through focusing on radio shows for the Beats 1 radio station as well as on TV shows and TV series, Market Leader reports.
At the same time, Masterforex-V Academy experts reports that Apple is rumored to be having talks with several major American film production companies in order to invest in some exclusive content for iTunes subscribers. If to believe the rumors, the first results of the expected Holywood-Apple cooperation is expected to be announced in September 2016 along with the presentation of iPhone7.
Apple seems to have entered the tough competition in the global film industry. Yet, it made this step on purpose and there are several reasons for that. Apparently, one of the key reasons is Apple’s search for the ways to boost the sales of Apple TV as well as some innovative solutions for the customer, who is used to see Apple coming up with something exclusive and revolutionary from time to time.
On top of that, such a step is expected to trigger a stable rally in the market of Apple’s stock. It is not a secret that the corporation’s shares are under pressure these days. The price has been going down for the last 3 months and needs something strong to find the bottom and rebound from it in order to regain the lost ground.
Speaking of Apple’ stock, the shares are reported to have lost another 0,89% today. The price is currently trading below $100, somewhere around $96,43 per share.
