“Apple TV’s big redesign has been rumored for over a year now, but the long wait might pay off big time, for shareholders at least,” Buster Hein reports for Cult of Mac.
“By blowing up the cable industry with its subscription TV streaming service, Apple could add up to $30 billion in global annual revenue to its bottom line, according to projections released by Baird Equity Research,” Hein reports.
“On a global scale, Apple could add $30 billion in revenue,” Hein reports, “if they capture 10% of the approximately 90 million broadband households.”
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