Apple goes to Hollywood
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 18 July 2024
⏱️ 7 minutes
🧾️ Download transcript
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Show Notes
Not the time to buy the dip - Goldman
Episode transcripts: seekingalpha.com/wsb
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Lunch. Our afternoon update on today's market action, news, and analysis. |
| 0:09.0 | Good afternoon, today is Thursday, July 18th, and I I'm your host Kim Khan. Our top story so far |
| 0:15.9 | Apple has held discussions with Hollywood Studios about licensing more of their movies to boost its |
| 0:20.8 | Apple TV Plus streaming service. Bloomberg says Apple TV Plus streaming service. |
| 0:23.0 | Bloomberg says Apple TV Plus, which receives 72 Emmy nominations for its shows, |
| 0:27.5 | such as The Morning Show, Palm Royale, Slow Horses, and Masters of the Air, |
| 0:31.7 | is attempting to increase its library content both in the US and internationally |
| 0:36.5 | Apple has never disclosed how many subscribers it has for its streaming service |
| 0:40.0 | but recent estimates have put it around 25 million. |
| 0:43.0 | Apple has said it has more than 1 billion subscriptions across its platforms |
| 0:47.5 | which include those who subscribe to Apple News Plus, |
| 0:50.5 | I-Cloud, Apple Music, and more. These subscriptions live as part of Apple's Services |
| 0:55.4 | segment, which generated $23.9 billion in revenue for the most recent quarter. |
| 1:01.4 | Also in the Mega Cap arena, Amazon announced that Prime Day 2024 generated record |
| 1:06.2 | sales and more items sold during the two-day event than any other previous Prime Day |
| 1:10.4 | event. |
| 1:11.4 | Millions more Prime members shop the two-day shopping event |
| 1:14.1 | compared to Prime Day 2023. Amazon said, Members shop deals from popular brands |
| 1:19.8 | like Soul to genera, Apple, Dyson, and Ring, as well small businesses, including |
| 1:25.6 | True Skin, Aloha, Blue Land, and Native Pet, with members in the U.S. |
| 1:30.0 | able to shop more deals on small business products than ever before. Notably, |
| 1:34.3 | independent sellers sold more than 200 million items during the prime day event. |
... |
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