Pricing Strategy - Apple is increasing the monthly price of its Apple TV+ streaming service to $12.99, a 30% increase from the previous price of $9.99 [1] - The new price will apply to new customers starting Thursday and will affect current subscribers 30 days after their next renewal date [1] - The yearly subscription rate remains unchanged at $99.99, and the price for the Apple One bundle starting at $19.95 per month is also not changing [1] Historical Context - This price hike is the third increase since the service's launch in 2019, which started at $4.99 per month [2] - In 2023, Apple previously raised the monthly subscription from $6.99 to $9.99 [2] Financial Performance - Apple TV+ is reportedly losing more than $1 billion per year, making it the only unprofitable service in Apple's portfolio [3] - Despite receiving numerous nominations and awards, Apple TV+ has not kept pace with competitors like Netflix, Disney+, and Amazon Prime Video in terms of subscriber count [3] Awards and Recognition - Apple recently achieved a record-breaking 81 Emmy Award nominations, with the series "Severance" being the most-nominated series of the year [4]

Core Insights - Apple has increased the price of its streaming service, Apple TV+, by 30%, raising the monthly cost from $9.99 to $12.99, effective within 30 days for existing subscribers [1] - Despite the price hike, Apple TV+ remains cheaper than most ad-free competitors, with Amazon Prime Video at under $12 and Paramount+ at $13 for ad-free plans [2] - The rise in subscription costs for paid streamers like Apple TV+ may drive viewers towards free ad-supported streaming services (FASTs) [3][9] Pricing Changes - Apple TV+ price increased by 30% to $12.99 per month from $9.99 [1] - Annual plans and Apple One bundle prices remain unchanged [1] Competitive Landscape - Apple TV+ is still less expensive than major ad-free competitors [2] - FAST services like YouTube and Tubi are experiencing significant growth, with YouTube capturing 13.4% of connected TV watchtime in July [3][8] Market Trends - The increase in subscription prices for paid services may lead to a shift in consumer preference towards free streaming options [9] - Roku's FAST service achieved its largest monthly viewership increase, reaching a 2.8% share of US connected TV time in July [8]

Competitive Landscape - The price of sports rights is increasing, with competitors like Amazon, Apple, Alphabet, and Netflix [1] - ESPN views itself as the leader in sports rights and engagement, with competitors envying its position [2] - Competition for sports rights, especially for valuable leagues like the NFL and NBA, is expected to continue [3] - The industry believes ESPN has the ecosystem and ability to monetize sports content across multiple platforms [4][5] - There are limited major sports properties available for acquisition in the next 5-7 years [6][8][10] - Amazon's promotion of the NFL through Thursday Night Football is seen as beneficial for the broader football ecosystem, including ESPN [9] ESPN's Position and Strategy - ESPN intends to maintain and grow its position in television sports through digital initiatives, new rights acquisitions, and deals like the one with the NFL [4] - ESPN has the best rights portfolio in its 46-year history and feels confident about its prospects in the direct-to-consumer market [10] - ESPN is positioned to engage with sports fans on a higher level using technology [12] - The company acknowledges competition but believes it is extremely well-positioned [13]

Apple said the new price will hit current subscribers 30 days after their next renewal date. The annual subscription price will not change. For new subscribers, the $12.99 monthly price begins after a 7-day trial period. Apple is taking a cue from some of its competitors. The technology giant's Apple TV+ monthly subscription is now $12.99, starting Thursday in the U.S. and other countries. The change marks Apple's first price hike for its streaming service since 2023. At the time, Apple lifted its monthly p ...

This is the first price hike for Apple TV+ since a previous $3 increase in October of 2023. Apple TV+ is hiking the monthly price of its service to $12.99 from $9.99 effective today for new customers. Existing subscribers will be topped off in their next renewal. The streamer, home to original series The Morning Show, Ted Lasso, Slow Horses and Severance – the latter recently nabbing an impressive 23 Emmy nominations — is the only major service to eschew an advertising- supported option. Its annual rate of ...

My name is Mike and I'm the author of The Dividend Guy Blog & The Dividend Monk along with the owner and portfolio manager here at Dividend Stocks Rock (DSR). I earned my bachelor degree in finance-marketing, own a CFP title along with an MBA in financial services. Besides being a passionate investor, I'm also happily married with three beautiful children. I started my online venture to educate people about investing and to be able to spend more time with my family. I started my career in the financial indu ...

Group 1 - The article discusses the challenges faced by Qualcomm Incorporated, particularly the impact of losing revenue from Apple as it plans to develop its own technology [1] - The author emphasizes the importance of diversification for Qualcomm while acknowledging the potential revenue loss from Apple [1] - The author's background includes experience in technology investment, with a focus on semiconductors, robotics, and energy sectors [1] Group 2 - The article does not provide specific financial data or performance metrics related to Qualcomm or the semiconductor industry [2]

Nvidia's growth rate will be impressive over the next five years. Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are the second- and third-largest companies on the market right now, with valuations of $3.9 trillion and $3.4 trillion, respectively. That means a company would need to be worth $7.3 trillion by 2030 to be worth more than the combined value of these two companies right now. There are only a handful of potential companies that could do that, with the chief suspect being Nvidia (NVDA -0.16%), c ...

Core Insights - Apple is perceived as lagging in the AI sector, but this view overlooks a strategic approach that suggests a positive outlook for the company [1] Group 1 - Apple is not aggressively pursuing AI development like some competitors, indicating a deliberate strategy rather than a lack of capability [1] - The company's long-term vision may create hidden investment opportunities that are not immediately apparent [1]

The last word with Lawrence O'Donnell starts right now. Hello, Lawrence. Hey, Alicia. Um, I will not see you tomorrow because I'm uh I'm not going to be here because I have something very important to do. It uh I'm going to be across the street actually at Radio City Music Hall where Pen and Teller are having their 50th anniversary show. The longest running partnership in show business history appears at Radio City Music Hall tomorrow night. Uh 50 years. I've known both of them for uh 30 of those years. I g ...