Former Apple Shareholder Shares Thoughts On Apple Special Event

TL;DR

Apple introduced new iPhones, services, and a lower-priced iPad at their September event. The Apple Arcade and Apple TV Plus have long-term potential, while the iPad and Apple Watch Series 5 offer minor updates. The iPhone 11 series offers improved specs and cameras, but lacks groundbreaking features.

Transcript

well guys if you didn't hear word on the street those boys and girls up in Cupertino California they showed off their new iPhones today well not just their iPhones we'll look at all the different things they showed off here today and I'll give my opinion on those as a former Apple shareholder but this September Bennett's always known as the event w... Read More

Key Insights

• 👨‍💼 Apple is focusing on building a massive services business, as evidenced by the launch of Apple Arcade and Apple TV Plus, to reduce reliance on iPhone sales.
• 😘 The low pricing of Apple TV Plus poses a significant threat to Netflix, potentially leading to a decline in Netflix's subscriber base.
• 👶 The lower-priced iPad serves as an entry-level device to attract new customers and expand the Apple ecosystem.
• 😥 The new Apple Watch Series 5 offers minor updates and a competitive $199 price point for the Series 3, targeting a wider audience.

Questions & Answers

Q: How does Apple Arcade contribute to Apple's long-term growth strategy?

Apple Arcade aims to build the company's recurring revenue stream by offering a wide range of exclusive games for a monthly subscription fee. Though it may not impact short-term revenues, it has significant potential in the long run.

Q: Will Apple TV Plus pose a threat to Netflix?

Yes, with its shocking $4.99 per month price, Apple TV Plus could attract customers and potentially lead to Netflix subscribers switching to Apple's service. This low pricing strategy could harm Netflix's market share in the long term.

Q: What is the significance of the lower-priced iPad?

The lower-priced iPad is designed to attract new customers to join the Apple ecosystem. It serves as a gateway device, introducing users to the Apple experience and potentially leading to future purchases of iPhones, Macs, and other Apple products.

Q: Do the new iPhones offer any groundbreaking features?

While the new iPhones, such as the iPhone 11, boast improved specifications and cameras, they lack any groundbreaking features. However, the $699 price point for the iPhone 11 with dual cameras is intriguing for potential buyers.

Summary & Key Takeaways

• Apple unveiled Apple Arcade, a $4.99 per month gaming subscription service with long-term potential for the company's recurring revenue strategy.

• Apple TV Plus, priced at an unexpected $4.99 per month, poses a threat to Netflix, potentially attracting customers with its extensive content library.

• The new iPad and Apple Watch Series 5 offer minor updates and lower price points, aimed at enticing more customers to join the Apple ecosystem.