Analyst Apple Not Buying A Hollywood Studio Is A Major Strategic Mistake
Wedbush analyst Daniel Ives thinks the MGM deal was a “huge” missed opportunity for Apple and also not picking up a Hollywood studio at all is a “major strategic mistake.” Ives also reiterated his comment about Apple TV+ being a “mansion with hardly any furniture.” In the past, Ives has called Apple not buying Netflix years ago its “biggest strategic mistake.” While Apple has had some hits like Ted Lasso, some estimates put its streaming service as having just a 3% market share in the US....