Apple Pulls The Plug On iTunes Movie Trailers After 2 Decades Because Everyone Binges First On YouTube
Portfolio Pulse from Ananya Gairola
Apple Inc. has discontinued its iTunes Movie Trailers app and website, redirecting users to its TV platform. The decision reflects the significant evolution of the digital landscape since the service's inception in the late 1990s. The app and site had become outdated with the expansion of trailers on platforms like Alphabet Inc.’s YouTube.
September 01, 2023 | 7:50 am
News sentiment analysis
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NEUTRAL IMPACT
Apple's decision to discontinue the iTunes Movie Trailers app and website may be seen as a strategic move to adapt to the changing digital landscape.
While the discontinuation of the iTunes Movie Trailers app and website may not have a direct impact on Apple's stock price, it does reflect the company's ability to adapt to changes in the digital landscape. This could potentially influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
The expansion of trailers on Alphabet Inc.’s YouTube platform has contributed to the obsolescence of Apple's iTunes Movie Trailers app and website.
The growth of YouTube as a platform for movie trailers has contributed to the obsolescence of Apple's iTunes Movie Trailers app and website. However, this news is unlikely to have a significant impact on Alphabet's stock price.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
The expansion of trailers on Alphabet Inc.’s YouTube platform has contributed to the obsolescence of Apple's iTunes Movie Trailers app and website.
The growth of YouTube as a platform for movie trailers has contributed to the obsolescence of Apple's iTunes Movie Trailers app and website. However, this news is unlikely to have a significant impact on Alphabet's stock price.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50