Another day, another rumor about Apple (NASDAQ: AAPL) . While it's all part of being an Apple investor, sometimes there's more to the stories than just idle gossip. It can be particularly intriguing when several reports coalesce to something more than the sum of their parts, suggesting that there might be some underlying truth in the speech.
That's precisely what's happening right now. We haven't had any official confirmation from Apple, but it might be a big announcement coming in March. The timing wouldn't be out of character for the iPhone maker, as the company has often scheduled product debut in that month.
CEO Tim Cook recently signaled that new services will debut this year:
On services, you will see us announce new services this year. There will [be] more things coming. I do not want to know what they are and I'm not going to forecast just …
A recent report by Buzzfeed, citing unnamed sources, says that Apple is planning a big announcement at the Steve Jobs Theater on its Apple Park campus on March 25. to the report.
With a tentative date penciled in, here are a few possibilities for Apple's big reveal.
The long-awaited subscription news service
which The Wall Street Journal is calling " Netflix for news." The service would provide unlimited access to content from a number of participating publishers for one monthly subscription price. Negotiations are ongoing, and some content providers have suffered that Apple's proposed 50% cut of subscription revenue, which could impact the timing of the launch.
The remaining revenue would be divided pro rata among the publishers, allocated on the basis of how much time users spent on each provider's articles. The rumored price for the service is $ 10 per month.
The much-ballyhooed video streaming service
In late 2011, Steve Jobs told his biographer that he had "cracked" the code for television. The current Apple TV product does not exist, or whether or not Apple television has been present.
About the past couple of years, Apple has made no secret of its original content ambitions. After humble early attempts like Planet of the Apps and Carpool Karaoke: The Series the company reportedly budgeted more than $ 1 billion for original movies and television series. Reese Witherspoon, Jennifer Aniston, Oprah Winfrey, J.J. Abrams, and M. Night Shyamalan. Still, as these projects have progressed, many have wondered what Apple's endgame might be.
The widely-reported answer is that Apple plans to launch a global steaming video service, which could debut in April. In addition to its original content, sources say Apple will offer subscriptions to high-profile cable channels like HBO, Showtime, and Starz. The service would debut first in the U.S. and roll out globally thereafter
The timing's the thing
will look at its services and subscriptions for growth in light of the slowing sales of its flagship iPhone. The timing of the rumored March product announcement is nicely linked to the potential debut of both the news subscription service and the streaming video offering. This is all conjecture until Apple makes it official, but in light of the timing, it makes a lot of sense.
Danny Vena owns shares of Apple and Netflix. The Motley Fool owns and recommends Apple and Netflix. The Motley Fool has the following options: long January 2020 $ 150 calls on Apple and short January 2020 $ 155 calls on Apple. The Motley Fool has a disclosure policy.