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Live Sports Key to Apple Streaming Success: Wedbush

By Sam Boughedda AiVIF.com — Apple Inc (NASDAQ:AAPL) moving into the sports content market for Apple TV would be "the right move at the right time," according to Wedbush...
Live Sports Key to Apple Streaming Success: Wedbush © Reuters.

By Sam Boughedda

AiVIF.com — Apple Inc (NASDAQ:AAPL) moving into the sports content market for Apple TV would be "the right move at the right time," according to Wedbush analyst Daniel Ives.

The analyst made the comments after recent reports that Apple may make a bid to show Major League Baseball games. 

"With Amazon (NASDAQ:AMZN) Amazon and the NFL recently agreeing to a landmark $1 billion deal to air 'Thursday Night Football,' we believe Apple now recognizes that over coming years live sports will be a key linchpin to its streaming success along with original content as competition builds for live sports packages," Ives said in his note. 

Wedbush believes the tech giant is preparing to bid on several sports packages that are coming up for renewals over the next four years. Ives said these include NFL (Sunday Night Ticket), Big Ten, Pac 12, Big East, Big 12, other NCAA sports packages, NASCAR, and the NBA/WNBA. Ives currently has a $200 price target and an outperform rating on the stock.

Elsewhere, Piper Sandler boosted its price target on Apple to $200 from $175, and Loop Capital increased its target to $210 from $165 on Friday.

Apple shares are up 0.5%.

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17-01-2022 19:58:15 (UTC+7)

EUR/USD

1.1418

+0.0011 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

EUR/USD

1.1418

+0.0011 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

GBP/USD

1.3657

+0.0011 (+0.08%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

USD/JPY

114.54

-0.07 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (0)

AUD/USD

0.7219

+0.0009 (+0.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

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USD/CAD

1.2501

-0.0018 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

EUR/JPY

130.79

+0.07 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/CHF

1.0429

+0.0004 (+0.04%)

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Buy (8)

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Gold Futures

1,819.45

+2.95 (+0.16%)

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Silver Futures

23.062

+0.022 (+0.10%)

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Copper Futures

4.4380

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Buy (8)

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Crude Oil WTI Futures

83.67

-0.11 (-0.13%)

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↑ Buy

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Buy (9)

Sell (3)

Indicators:

Buy (8)

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Brent Oil Futures

86.54

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Buy (3)

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Buy (1)

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Natural Gas Futures

4.264

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US Coffee C Futures

239.65

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Indicators:

Buy (5)

Sell (3)

Euro Stoxx 50

4,302.14

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Buy (1)

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Buy (0)

Sell (8)

S&P 500

4,662.85

+3.82 (+0.08%)

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Buy (7)

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DAX

15,933.72

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Buy (0)

Sell (7)

FTSE 100

7,611.23

+68.28 (+0.91%)

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Buy (5)

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Hang Seng

24,218.03

-165.29 (-0.68%)

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Buy (12)

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US Small Cap 2000

2,161.55

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IBEX 35

8,838.70

+32.10 (+0.36%)

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Moving Avg:

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Sell (12)

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Buy (0)

Sell (10)

BASF SE NA O.N.

68.140

+0.030 (+0.04%)

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Neutral

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Bayer AG NA

52.82

+0.23 (+0.44%)

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↑ Buy

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Sell (3)

Allianz SE VNA O.N.

227.05

+0.05 (+0.02%)

Summary

↑ Buy

Moving Avg:

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Sell (1)

Adidas AG

252.65

+0.30 (+0.12%)

Summary

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Moving Avg:

Buy (8)

Sell (4)

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Buy (10)

Sell (0)

Deutsche Lufthansa AG

7.241

0.000 (0.00%)

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Moving Avg:

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Sell (11)

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Buy (0)

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Siemens AG Class N

146.00

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Summary

Neutral

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Buy (5)

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Deutsche Bank AG

12.018

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Summary

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Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

    EUR/USD 1.1418 ↑ Buy  
    GBP/USD 1.3657 Neutral  
    USD/JPY 114.54 ↑ Buy  
    AUD/USD 0.7219 ↑ Buy  
    USD/CAD 1.2501 ↑ Sell  
    EUR/JPY 130.79 ↑ Buy  
    EUR/CHF 1.0429 ↑ Buy  
    Gold 1,819.45 ↑ Buy  
    Silver 23.062 ↑ Buy  
    Copper 4.4380 ↑ Buy  
    Crude Oil WTI 83.67 ↑ Buy  
    Brent Oil 86.54 ↑ Sell  
    Natural Gas 4.264 ↑ Sell  
    US Coffee C 239.65 ↑ Buy  
    Euro Stoxx 50 4,302.14 ↑ Sell  
    S&P 500 4,662.85 ↑ Buy  
    DAX 15,933.72 ↑ Sell  
    FTSE 100 7,611.23 ↑ Buy  
    Hang Seng 24,218.03 ↑ Buy  
    Small Cap 2000 2,161.55 ↑ Buy  
    IBEX 35 8,838.70 ↑ Sell  
    BASF 68.140 Neutral  
    Bayer 52.82 ↑ Buy  
    Allianz 227.05 ↑ Buy  
    Adidas 252.65 ↑ Buy  
    Lufthansa 7.241 ↑ Sell  
    Siemens AG 146.00 Neutral  
    Deutsche Bank AG 12.018 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,120/ 6,160
(0/ 0) # 1,148
SJC HCM6,110/ 6,170
(0/ 0) # 1,158
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,160
SJC Danang6,110/ 6,172
(0/ 0) # 1,160
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,160
SJC Cantho6,110/ 6,172
(0/ 0) # 1,160
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E5 RON 92-II2291023360
DO 0.05S1838018740
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USD22.540,0022.850,00
EUR25.234,8826.649,42
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JPY192,66203,94
KRW16,5020,10
Cập nhật lúc 07:53:28 18/01/2022
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