A Goldman Sachs investment note argues that Apple has huge potential for generating more recurring revenue, suggesting an opportunity to generate an additional $7.6B a month, reports Business Insider. The company points to the rumored Apple TV subscription service as one future source of monthly revenue.
In a recurring revenue framework, we have constructed an average revenue per user (ARPU) metric that captures the installment plan pricing of the iPhone ($32/month), assumed installment plans for the other hardware products, and services (e.g. Music at $10/mo, TV at $40/mo) …
In addition to a failed attempt to hire the stars of the BBC series Top Gear for its reported plans to develop in-house content, Re/code reports that media head Eddy Cue also approached sports commentator Bill Simmons.
Apple showed interest in signing up former ESPN star Bill Simmons to an exclusive audio podcast deal. Apple media boss Eddy Cue discussed the idea a couple of times with Simmons this summer, say people familiar with the talks, who say that they were preliminary at best.
Simmons ended up signing with HBO, the deal including a new podcast from October – which is likely to be available on iTunes.
Variety had earlier reported that Apple is looking to create a Netflix competitor, focusing on original programming – likely to form part of its planned web TV service designed to go head-to-head with traditional cable TV packages.
Photo: Digital Trends
Apple Music’s advantage is being big enough to do curation properly, says Jimmy Iovine, as he eyes curated TV
Much of it is, of course, the usual sales spiel: curation is cool, nobody else will catch us or do it better, lots of great people involved – the kind of things you’d expect him to say. But the interview does contain one unexpected snippet: that Apple Music‘s curated approach could be applied to TV …
Comedy Central, MTV, Nickelodeon and the Discovery Channel are among the channels that could be making their way to Apple’s reported new web TV service, as the WSJ reports that Apple is in talks with Discovery and Viacom. The paper had earlier said that Apple’s online TV service would be announced in June and launched in September with 25+ channels.
Discovery, owner of Discovery Channel, Animal Planet and TLC, and Viacom, owner of MTV, Comedy Central and Nickelodeon, are in talks to be on the Apple service, people familiar with the matter said.
We first heard about the plans in early February. ABC, CBS and Fox are already believed to be on board for the service, which is expected to cost somewhere in the $25-40/month range …