Netflix's New Game Play: Level Up Your Smartphone Into A Console With iOS Controller App
Portfolio Pulse from Sudhanshu Singh
Netflix Inc (NASDAQ:NFLX) is launching a new app, Netflix Game Controller, available on Apple Inc's (NASDAQ:AAPL) App Store, which will allow users to play games on their TV. The app turns an iPhone screen into a gaming controller for the TV's Netflix app. This move is part of Netflix's ongoing venture into the gaming world, which began in 2021 with the launch of several mobile games free for subscribers.
August 09, 2023 | 9:55 am
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POSITIVE IMPACT
The availability of Netflix's new gaming app on Apple's App Store could potentially increase traffic and sales on the platform, which could have a positive impact on Apple's stock.
The availability of Netflix's new gaming app on Apple's App Store could increase traffic and sales on the platform. This could lead to increased revenues for Apple and potentially a positive impact on its stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Netflix's new gaming app could potentially attract more subscribers and increase user engagement, which could positively impact its stock.
Netflix's venture into the gaming world could attract more subscribers and increase user engagement. This could lead to increased revenues and potentially a positive impact on its stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100