Previous Close | 1,699.05 |
Open | 1,650.25 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 1,650.25 - 1,695.00 |
52 Week Range | 896.00 - 1,778.95 |
Volume | |
Avg. Volume | 192,056 |
Market Cap | 10.036T |
Beta (5Y Monthly) | 0.27 |
PE Ratio (TTM) | 98.63 |
EPS (TTM) | 16.99 |
Earnings Date | Oct 28, 2024 |
Forward Dividend & Yield | 8.00 (0.47%) |
Ex-Dividend Date | Aug 07, 2024 |
1y Target Est | 389.77 |
Apple's partnership with India's second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content market where it lags far behind the likes of Spotify and Walt Disney. The US technology giant, working to boost revenue globally from services including apps, payments and media, is set to offer free music and video streaming to many of Bharti Airtel's 281 million customers. The deal is likely to greatly expand the user base for Apple TV+ and Apple Music in a country where Apple has long emphasised the manufacturing side of business to diversify its supply chain beyond China.
BENGALURU (Reuters) -Apple is tying up with India's Bharti Airtel to offer the telecom firm's premium customers its music and video streaming services for free, giving the U.S. giant access to thousands of consumers in the world's most populous nation. With mostly English-language content, Apple TV+ is a small player in India's $28 billion media and entertainment market, where its rivals include Netflix, Amazon Prime Video, Disney+ Hotstar and billionaire Mukesh Ambani's JioCinema. The move comes as competition tightens in India and an $8.5-billion merger of the Indian media assets of Reliance and Walt Disney - which have a streaming service each - faces close scrutiny from antitrust regulators.
Nokia (NOK) completes its first 5G non-standalone (NSA) Cloud RAN trial in India.