Apple Forecasts based on a Predictive Algorithm
Apple Stock News: WWDC 2021 Top Apple Stock News: On May 24, Apple announced a completely virtual worldwide developers conference along with their agenda. The
Apple’s biggest developer conference of the year kicked off yesterday, and the company made some major announcements. WIRED’s David Pierce was at the keynote speech yesterday and gives a quick recap of the news in this video.
Source: Wired.com
Apple’s annual event, the World Wide Developers Conference, starts tomorrow in San Francisco. One of the biggest stories circulating about the event before it starts is the absence of an Apple TV announcement, that is no longer expected to be revealed because the device is not ready to be shown to the public. While there will not be a new Apple TV, there is plenty to be excited about, headlined by a ramped up music service that will offer competition to rivals Spotify and Pandora.
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.
I Know First has mentioned many times the expectation that the Apple TV would be released during the World Wide Developers Conference in the beginning of June. The new service would offer live streaming of television nationwide for only $35, offering a cheap alternative to traditional cable packages. However, complications mean that the new service could be delayed.
Apple has been using aggressive tactics to force rivals Spotify and YouTube to abandon their free streaming services, which has attracted interest from the Department of Justice, according to the Verge. Apple is attempting to get major music labels to force streaming services to force these streaming services to abandon their free tiers, as Apple prepares to release their own streaming service. An announcement of this service, which will be powered through the Beats by Dre acquisition and will remain under the iTunes name, could be announced as early as next month.
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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.