#3 - Apple (NASDAQ:AAPL)
Apple TV has been around for a long time, but initially it existed as a delivery method. The company has since gotten into the field of original content with shows like "Ted Lasso" and "Severance," among others.
Apple (NASDAQ:AAPL) makes our list because of its commitment to live sports. This has been the Achilles' heel of streaming services, but Apple has already started contracting with Major League Baseball for the exclusive broadcast rights to some games. As of this writing, it’s the leader in the attempt to win the NFL Sunday Ticket starting in 2023.
Right now, savvy consumers sign up for a service, binge watch the content they want, then cancel the service after they're done watching. The link to live sports can help providers like Apple become sticky with consumers, particularly when they watch content on their iPhones or iPads.
About Apple
Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
Read More - Current Price
- $229.87
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 23 Buy Ratings, 11 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $235.25 (2.3% Upside)
