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Apple: after the keynote, the action drops then straightens

Apple

Posted: March 28 2019
Updated: March 27, 2019

by Steve

A few days after the famous keynote ofApple, the AAPL action is doing better. As a reminder, the apple brand has presented several subscription services, including Apple TV +, Apple Arcade and Apple News +. The apple brand had also unveiled its Apple Card, a bank card that allowed cash-back. A mediocre conference, analysts said, since the Cupertino company had presented nothing really concrete: the Apple TV + was priceless, nor the Apple Arcade, and the Apple News + is not for l ‘instant expected only in the United States.

Stock exchange CFD iPhone iPad e1550148668273 - Apple: after the keynote, the action drops then straightens

In fact, the Apple action had retreated after the conference. But today, it has risen: it costs 191.12 dollars, or + 1.26%. The action fluctuates a lot during the day, but it is more or less stabilized. The capitalization of the brand reaches, for its part, 900 billion dollars.

The slight drop in action can be explained by the feverishness of Apple TV +: “ We believe that Netflix’s 10-year advance, its size, the diversity of content and its customer engagement will probably not be undermined by an Apple TV + subscription service which only has 17 exclusive original series, 4 original films, several projects not detailed, and promises “new content every month” at an unknown price. In comparison, we estimate that Netflix released around 70 original titles in March alone! “, Had developed a Credit Suisse analyst at Option Finance Agency.