Analysts: Apple will be forced to cut prices on the iPhone and ahead of schedule to launch its video service

Apple shares continue to fall. Some analysts believe that the current situation may force Apple to reduce prices on the iPhone, but ahead of schedule to produce its own broadcasts.

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Analysts: Apple will be forced to cut prices on the iPhone and ahead of schedule to launch its video service

About possible reduction of prices on iPhone announced experts of the analytical Agency Wedbush. First, the falling cost of smartphones is expected in China. The reason lies not only in the unexpectedly weak sales of the new iPhone, but in the expected release of its own video hosting by Apple, the primary audience will be users of iOS devices.

In this regard, analysts note that the situation is likely to push Apple to a more rapid release of its new video platform, which can become a competitor to Netflix.

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“We are confident that the release of the video, which could take place in either 2019 or 2020, could eventually put the Apple product in a row such as Netflix, Amazon, Hulu and others. Creation of own services can significantly improve the financial situation, which turned out to be Apple after the release of the new iPhone,” the expert said Wedbush.

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