S&P 500
7,386.00
-1.45%
Dow Jones
51,561.50
-0.65%
Nasdaq 100
29,561.40
-2.87%
Russell 2000
2,953.67
-1.73%
FTSE 100
10,430.20
-0.20%
Nikkei 225
69,206.70
-5.36%

Investing

Apple No Real Help For Netflix (NFLX, AAPL)

Photo of Jon C. Ogg
By Jon C. Ogg Published

Netflix, Inc. (NASDAQ: NFLX) is still down almost 2% today despite the new Apple TV including it.  The problem may be that there is a restreaming feature among various Apple devices from iTunes and other sources.

Apple noted, “The new Apple TV features 1080p HD programming including iTunes movies and TV shows, Netflix, Vimeo, photos and more available starting Friday, March 16, at just $99.”

More specifics showed that Apple TV users can choose from over 15,000 movies and over 90,000 TV episodes on the iTunes Store, while Apple TV also offers content from Netflix’s streaming catalog, live sports from MLB, NBA and NHL as well as Internet content from Vimeo, YouTube and Flickr.

Netflix shares are down 1.9% at $105.10 and Apple shares are up 0.5% at $532.84.

Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Rule of 55: How Doctors With $1.6 Million 401(k)s Avoid the Penalty Trap
Marc Guberti |

Rule of 55: How Doctors With $1.6 Million 401(k)s Avoid the Penalty Trap
This Is the Dividend Portfolio That Pays Off Your Kid's Student Loans
Drew Wood |

This Is the Dividend Portfolio That Pays Off Your Kid's Student Loans

Continue Reading

iTunes Puts Expensive Content on Sale
Douglas A. McIntyre |

iTunes Puts Expensive Content on Sale

Apple (NASDAQ: AAPL) has put some ultra-premium content on sale, or even made it “free,” most likely as an attempt…

Charles B. Stockdale |

Best Classic TV Shows Now Available to Stream

Streaming services have in many cases become the premiere platforms for today’s most acclaimed new series. They also offer viewers…

Douglas A. McIntyre |

ABC And NBC: Download Deals Galore

In a slap at Apple (AAPL) iTunes, the NBC Universal unit of GE (GE) yesterday announced that they would make…

Charles B. Stockdale |

Mind-Blowing Documentaries Now Available to Stream

Recent mini-series such as Netflix’s hits “Tiger King” and “Jeffrey Epstein: Filthy Rich” are good examples of the old adage…

Need a Laugh? Watch the Funniest Sitcoms You Can Stream This Week
Charles B. Stockdale |

Need a Laugh? Watch the Funniest Sitcoms You Can Stream This Week

With the number of daily new cases of the novel coronavirus declining nationally and states across the country reopening, there’s…

Paul Ausick |

Amazon vs. Netflix in the Paid Alternative TV Wars

thinkstockNew research from 451 Research’s ChangeWave service shows that the Instant Video offering from Amazon.com Inc. (NASDAQ: AMZN) continues to…

Douglas A. McIntyre |

Are Netflix & Blockbuster Watching Apple’s Video Deal? (NFLX, AAPL, BBI)

We’ve all heard by now that Apple (NASDAQ:AAPL) is in a deal with News Corp’s (NYSE: NWS) Fox for a…

Best Action Movies to Stream This Week
Charles B. Stockdale |

Best Action Movies to Stream This Week

Going to the cinema to see action films is as much of a summer ritual as going to the beach,…

Douglas A. McIntyre |

The Future of Theaters Fades, as the Internet Finally Rises Enough

Ticket sales for movie theaters dropped in 2011 the most in 16 years, according to Hollywood.com. Some of the fall-off…

Top Gaining Stocks

Super Micro Computer
SMCI • Vol: 128,836,317
ON Semiconductor
ON • Vol: 12,044,310
Corning
GLW • Vol: 18,574,393
Micron Technology
MU • Vol: 53,140,821
AbbVie
ABBV • Vol: 9,912,803

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Moderna
MRNA • Vol: 8,363,487
Palantir
PLTR • Vol: 56,918,231
Verisign
VRSN • Vol: 1,691,263
Chipotle Mexican Grill
CMG • Vol: 18,457,730