Tag Archives: apple

Apple Gains In Morgan Stanley Online Video Survey, Netflix Tops

Most cord-cutters still replace cable TV services with Netflix ( NFLX ) — no surprise there — but Apple TV gained in an annual Morgan Stanley survey of consumers who watch Internet video. Apple ( AAPL ) rolled out its fourth-generation TV hardware in late 2015, but it has shelved plans, at least temporarily, for a Web-based TV service amid stalled negotiations with programmers. The Apple TV streaming device costs from $149 to $199. Apple customers can subscribe to Netflix, HBO and full-season sports subscriptions as well as watch movies and TV shows served up from the iTunes store. Among those planning to cancel pay TV subscriptions, some 35% of the 2,500 consumers surveyed say they are most likely to switch to Netflix, says Morgan Stanley.  That’s down from about 40.7% in the year-earlier study. Apple TV moved up to 23%, from about 17% a year earlier. YouTube, the video website of Alphabet ( GOOGL )-owned Google figures two ways in the survey, in which respondents could give more than one answer. Some 20% of respondents said they might replace pay TV with YouTube Red, the new subscription service, while 29% cited the free, ad-supported version of YouTube. Amazon.com ’s ( AMZN ) online video service and Hulu were tied at 27%, with Time Warner ’s ( TWX ) HBO Now service right behind, with 25% of pay TV subscribers saying they were likely to switch to the service. “Among those without a pay TV subscription, Netflix usage is meaningfully higher (47%) vs. Amazon Instant Video (21%), suggesting Netflix is viewed as more of a replacement service to traditional pay TV,” said the Morgan Stanley report. “Netflix remains the leading online video platform for TV/film content in the US, with 40% of respondents saying that they use the service, still well ahead of YouTube (33%), Amazon Instant Video (22%) and Hulu Plus (14%).” Hulu is a joint venture of 21 st Century Fox Entertainment ( FOXA ), Walt Disney ( DIS ) and Comcast ( CMCSA ).

Amazon’s Irony: Stock Shows Bullish And Bearish Traits At Same Time

Loading the player… Amazon ( AMZN ) is currently trading about 18% off of its high, reached at the end of last year; a weak Q4 earnings report in late January dragged it down. And now reports say that a rival, Alphabet ( GOOGL )-owned Google, is winning some big cloud service clients, including Disney ( DIS ), Home Depot ( HD ), Apple ( AAPL ) and Spotify. The Google platform competes against the e-commerce giant’s Amazon Web Services cloud service. Amazon shares are finding support at a key area today, but the technicals are also flashing a potentially bearish sign. The stock rose 1.6% in light trade Wednesday, finding support at its 50-day and 200-day lines as it works on a consolidation pattern. But those lines could soon cross, an action that’s bearish and signals short-term underperformance. Meanwhile, Alphabet is working on a cup base with an 810.45 buy point. Alphabet shares are currently trading 6% below that pivot point and fell 0.3% Wednesday. And speaking of widely held tech stocks, Facebook ( FB ) is working on a cup base with a 118.69 buy point. The stock is trading 4% below its buy zone. Facebook shares edged up 0.3% Wednesday. Microsoft ( MSFT ) is shaping a consolidation base with a 56.85 buy point and is trading 5% below the pivot. Microsoft shares dipped 0.2% Wednesday. And Apple has been in a consolidation pattern since last April. It’s trading 21% below its high, reached about 11 months ago. Apple shares lost 0.6%.