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What Apple's New Leadership Could Mean For Rising Services Division [Seeking Alpha]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Ternus is expected to maintain Apple's steady, hardware-driven strategy, with minimal disruption to the current services approach. Apple TV, while costly and not as profitable as competitors, has gained cultural traction and critical acclaim, giving the company and services division industry prestige. Speculation about major M&A or introducing an ad-supported tier seems premature. Apple's cautious, evolutionary approach likely remains intact under Ternus, for now. tang90246/iStock Editorial via Getty Images It was probably one of the industry's biggest open secrets that Apple's (NASDAQ: AAPL ) Tim Cook wanted to create a streaming service. And for years there were always long-standing rumors that one was in development. Yes, first came Apple TV – the device – but that really
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