“In a report issued Tuesday, analysts at Wells Fargo provide some initial thoughts on a potential Apple Inc. web TV streaming service,” Javier Hasse reports for Yahoo Finance.According to the Wells Fargo report, media executives think the service will be priced between $30 and $40 per month.”
“While the firm believes this could help revenue, it thinks ‘margins may be low when taking content and other costs into account,'” Hasse reports. “Rather, the analysts believe ‘this strategy could be to drive further lock-in to stem any threats of attrition and potential to gain share (i.e. hardware sales).'”
“So what does Wells Fargo think about Apple as a whole?” Hasse reports. “They believe ‘the positives of the current 6 cycle and perception as a relatively defensive stock to be offset by gross margin pressures and secular issues as it relates to a limited market cap opportunity in the existing product segments, and a potential balance of power shift back to wireless operators from handset vendors.'”
Read more in the full article here.
MacDailyNews Take: $39.99 per month for a skinny bundle? Would you bite?