Apple Forecasts based on a Predictive Algorithm
With the latest edition of Apple TV, which will be sold in stores this Friday, Apple promises to deliver the future of television through apps.
In 2011 when IBM’s super-computer Watson won on Jeopardy, people got a glimpse of what the future will be like. It will be a world where machines and humans can have a real conversation, and robots will be cooking and serving food.
The technology industry’s biggest companies including Google, Microsoft, and Apple are all trying to one up each other by developing the best artificial intelligence. They all want their devices to be able to do anything, just by listening to your voice.
Apple has a bearish signal strength over the near-term, which makes sense considering some of the company’s struggles in China. However, the company should rebound and start increasing over the long-term as the struggles in China are addressed, and the company’s safe position leads to thriving earnings reports moving forward. Continue buying this stock before earnings reports, as Apple remains a great investment choice, even for future income investors.
It has long been believed that Apple would be releasing its new Apple TV during the company’s fall event, now confirmed to be on September 9th. This update was expected to include a cable streaming package that could change the way people watch television. This service is not expected to be ready, as Apple is still negotiating with cable providers about prices. That led many to wonder what would be included in the new Apple TV, and a report from Tech Crunch might reveal what to expect.
The newest service that Apple is working to introduce, a live television streaming service for cord-cutters, is now likely to be delayed until 2016 due to slow negotiations with cable companies. This is according to Bloomberg, citing anonymous sources that are familiar with Apple’s plans. The company had been hoping to introduce the new television service that would be delivered over the Internet during the September event for the new iPhone.
An update to the Apple TV has been rumored for a while now, and an executive recently dropped further hints about the company’s strategy for the new service. Jimmy Iovine, the former head of Interscope Records who came to Apple with the purchase of Beats and currently works on the new music streaming service, hinted that the curation strategy for the music service could work for the television streaming service as well.
Apple officially entered into the streaming market this summer with the release of its new music service, and the company is now turning its sights to television streaming. Sources told the New York Post that negotiations with major network television channels are making rapid progress and that the service could be launched as soon as in the fall. Disney, which owns ABC, or CBS is expected to be the first network to sign on, which could happen soon.
Apple released a beta version of its new mobile operating system iOS 9 at its World Wide Developers Conference last week. The code was made available for developers, and one developer found a couple of key developments in the code that points to big new releases coming from Apple later this year. Steve Troughton Smith says new features of the code point to an iPad Pro and a new Apple TV being released in the near future.
The new Apple TV was supposed to be the headliner of the company’s World Wide Developers Conference starting next week, but Apple is no longer planning on revealing the new device until later in the fall. This comes after it was revealed the company would not reveal the television streaming service the set top box would provide since the company could not finalize licensing agreements with certain networks. The news that Apple would not be revealing a new Apple TV was first reported by the New York Times’ Brian Chen.
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I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
