|Bid||66.14 x 800|
|Ask||66.50 x 1300|
|Day's Range||62.50 - 66.35|
|52 Week Range||17.70 - 73.21|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||63.30|
Yahoo Finance's Kristin Myers and Sibile Marcellus discuss Bloomberg's report that Apple is planning an exercise video subscription service and what that could mean for fitness companies like Peloton.
According to a report from Bloomberg, Apple is preparing to launch a new subscription plan called ‘Apple One.’ It is set to package Apple TV+, Apple Music, Apple News+ with a tiered pricing scheme. Yahoo Finance’s The Final Round panel discuss the details of the new plan and how Apple may be making new moves in the fitness industry with an exercise app.
Investors have been hearing rumblings about Apple (NASDAQ: AAPL) working on a services bundle for over two years now, and the package may finally be ready to launch within a couple months. Bundling is a time-tested, powerful strategy in just about any industry, and such a move would very likely strengthen Apple's booming services business, which now has over 550 million paid subscriptions being billed through its various platforms. Bloomberg reported this week that Apple is gearing up to launch "Apple One," a bundle of services that would allow users to subscribe based on different tiers.