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Apple is spending ‘chump change’ on original content, and that is big win for Netflix stock: analyst

Apple is spending ‘chump change’ on original content, and that is big win for Netflix stock: analyst

Apple (AAPL) may be teasing a bigger streaming content push at a big event scheduled for Sept. 14, but Wall Street thinks Netflix (NFLX) will remain the dominant force in the streaming category for years to come. “I have not been impressed by what Apple has done. They have created a couple quality shows and a lot of less than interesting shows. They are just not getting that broad appeal yet,” said Bank of America analyst Nat Schindler on Yahoo Finance Live. “They obviously have a lot of… Source link

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