Apple Streaming Media Rattles Netflix
September 10, 2019 at 14:23 PM EDT
Netflix (NFLX) shares dropped more than 2% on Tuesday after Apple (AAPL) revealed that its subscription TV service will launch in November, will be much cheaper than Netflix, and will be free for a year for customers who buy a Mac, iPhone or Apple TV. Apple TV+, was expected, but consumers didn’t...