The Wrap Up: THE FUTURE OF APPLE AND SOCIAL MEDIA

Market Mondays

EYL Network

Investing, Entrepreneurship, Business

5.0 • 4.1K Ratings

🗓️ 13 April 2022

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this Wrap Up we talk about Apple’s plan for a subscription model in the near future, we also covered Facebook’s battle with TikTok. #apple #facebook #tiktok

Link to episode: https://youtu.be/G6AbRqXWahY

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Transcript

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0:00.0	Apple is going to launch a subscription model for the phone.
0:03.6	How this hurt or help their business and stock?
0:07.6	What is what kind of subscription is it going to be?
0:10.0	So now, opposed to just having the software bundle,
0:13.0	they are going to bundle all of the software and the ability to buy a phone.
0:17.2	They haven't set with the price in this, but I think at 250 a month,
0:21.6	they got $8.3 million people that have put them at $2 billion in revenue a year.
0:26.2	If it was 200 a month to be at 22 million people, it would be 4.4 billion in revenue.
0:31.2	So now the month hypothetical, this is just my extrapolation.
0:35.2	They're having announced a number yet.
0:37.2	But what they want to do is take away.
0:40.2	What way?
0:41.2	To get air to get.
0:43.2	I cloud.
0:44.2	I follow all products and several and bundle them one.
0:48.2	I got you.
0:49.2	That's a lot.
0:50.2	That's a lot of money.
0:51.2	If you do Apple TV, you got Apple hell, everything in one.
0:54.2	I don't think about it.
0:56.2	I can't do that.
0:57.2	It got me under $50.
	...

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