Netflix Says No To Apple Vision Pro App, Now YouTube, Spotify Aren't Launching One Either: Report
Portfolio Pulse from Ananya Gairola
YouTube (owned by Alphabet Inc.) and Spotify Technology SA have decided not to launch apps for Apple Inc.'s upcoming mixed-reality headset, Vision Pro. This follows Netflix Inc.'s earlier decision to not participate. Major apps like Disney+, HBO Max, Peacock, ESPN, and Amazon Prime Video will be available on Vision Pro. The lack of support from YouTube, Spotify, and Netflix could impact Apple's strategy for the device, which is focused on video and entertainment. The Vision Pro, priced at $3,499, is set to launch on Feb. 2 with pre-booking starting on Friday. The device recently received FCC approval but will not support Wi-Fi 6E.
January 19, 2024 | 1:44 am
News sentiment analysis
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NEGATIVE IMPACT
Apple's Vision Pro will launch without apps from YouTube, Spotify, and Netflix, which could impact the device's appeal and Apple's entertainment-focused strategy.
The absence of key streaming apps could deter potential buyers looking for a comprehensive entertainment experience, potentially affecting short-term sales and stock performance.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Meta Platforms' key apps like Facebook, Instagram, and WhatsApp are not configured to operate on Apple's Vision Pro, which could affect user experience on the device.
The unavailability of Meta's popular apps on Vision Pro could impact the device's user experience and adoption, potentially affecting Meta's engagement metrics.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Alphabet's YouTube has opted not to launch an app for Apple's Vision Pro, which may reflect on the company's strategic decisions regarding new platforms.
YouTube's decision may not have a significant short-term financial impact but reflects its strategic approach to new platforms, which could influence investor sentiment.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Alphabet's YouTube has opted not to launch an app for Apple's Vision Pro, which may reflect on the company's strategic decisions regarding new platforms.
YouTube's decision may not have a significant short-term financial impact but reflects its strategic approach to new platforms, which could influence investor sentiment.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Netflix had previously decided not to participate in Apple's Vision Pro, aligning with YouTube and Spotify's recent decisions.
Netflix's earlier decision to not support Vision Pro is consistent with its strategy and is unlikely to have a new short-term impact on its stock.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 40
NEUTRAL IMPACT
Spotify has decided against launching an app for Apple's Vision Pro, potentially limiting its presence on the new device.
While Spotify's decision may not directly affect its short-term revenue, it could limit user engagement on the new platform, with minimal impact on the stock.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50