Technology

Apple Finally Opens its Door to Competitors

The Apple iPhone X. Photographer: Michael Short

  • Apple Finally Opens its Door to Competitors

Following years of dominance and falling iPhone sales, Apple grants access to its well guarded iTunes movies and TV shows.

Apple announced at the CES 2019 that its former rival, Samsung, will now have access to iTunes Movies and TV shows app. Suggesting that Apple is now focusing more on its services business after sales projection were lowered for the last quarter of 2018.

Apple lowered its sales projection for the first time in 20 years, citing falling iPhone sales due to slow down in China.

Samsung is expected to launch the app on its 2019 smart TVs later in the summer.

Also, Apple has started allowing TV makers like LG and Vizio, access its AirPlay and HomeKit Technology.

Apple’s market value dropped to $720 billion from $1 trillion in August to now rank as the third largest company by market cap.
Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya
6 years ago

Recent Posts

Discordant Tunes Greet 50% Tariff Hike As Subscribers Threaten To Sue NCC

Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs…

1 hour ago

Beatrice Ekweremadu Returns to Nigeria After Serving Sentence in UK

Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned…

1 hour ago

Nigeria Expands Refining Capacity with MRO Energy’s Delta State Refinery

The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval…

2 hours ago

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

2 hours ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

3 hours ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

4 hours ago