Click to Skip Ad
Closing in...
  1. Amazon Deals
    09:57 Deals

    Today’s top deals: Exclusive deals for Prime members only, $6 car detailing tool, $2…

  2. Best Camera Drone Under $100
    08:43 Deals

    Best camera drone under $100 gets a rare extra discount at Amazon

  3. Best Car Detailing Products
    14:14 Deals

    The best car detailing product is a $5.59 tool on Amazon that pros don’t want you to…

  4. Best smart plugs for Alexa
    10:38 Deals

    Best smart plugs for Alexa: Kasa smart plugs hit Amazon’s lowest price

  5. Best Robot Vacuum And Mop Combo
    13:06 Deals

    The best robot vacuum and mop combo is Narwal’s T10, and it’s $100 off at Amaz…

Tim Cook knows Apple TV+ won’t compete with Netflix, and he says it’s not supposed to

May 1st, 2019 at 12:30 PM
Apple TV+ vs. Netflix

Apple in late March unveiled its brand new Apple TV platform, which includes support for several stand-alone streaming apps, as well as its own Netflix-rival, Apple TV+. Weeks later, Disney came out with its own streaming service, Disney+, which will launch later this year. Unlike Apple, Disney actually revealed the price of its upcoming streaming package, a price that makes Disney+ extremely appealing. Add to that Amazon, HBO, Hulu, and YouTube, and it’s pretty clear the streaming wars are well underway. Apple, however, doesn’t see it that way, saying that it can coexist with the likes of Netflix, which is easily the most popular streaming platform in the world right now.

Apple CEO Tim Cook said on Tuesday during Apple’s earnings conference call that its Apple TV+ service is one that can exist alongside other services, Reuters reports.

“There’s a huge move from the cable bundle to over-the-top,” Cook said. “We think that most users are going to get multiple over-the-top products, and we’re going to do our best to convince them that the Apple TV+ product should be one of them.”

Services are a big part of Apple’s bottom line, with revenue reaching $11.5 billion in the March quarter, a new record for Apple. In other words, Apple already does a great job converting iPhone and Mac users into subscribers. “We have 390 million paid subscriptions, all growing in strong double-digits,” Apple CFO Luca Maestri said during the call. “And we expect the number of paid subscriptions to pass half a billion in 2020.”

It’ll be interesting to see how Apple plans to convert its customers to Apple TV+ subs, especially considering that it hasn’t even announced what the streaming service will cost. Also of note is the fact that Apple it’ll initially have a very limited number of original shows for subscribers to watch, although Apple plans to spend $2 billion on programming.

Chris Smith started writing about gadgets as a hobby, and before he knew it he was sharing his views on tech stuff with readers around the world. Whenever he's not writing about gadgets he miserably fails to stay away from them, although he desperately tries. But that's not necessarily a bad thing.

Popular News