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Apple will double the cost of next Apple TV

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New Orleans 10 years after Hurricane Katrina
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2190
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4209
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/quotes/zigman/3870025/realtime 1,989 +1 0.06%
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/quotes/zigman/629063/realtime 2,368 -5 0.21%
Gold
/quotes/zigman/662444/delayed 1,134 0 0.03%
Oil
/quotes/zigman/2331095/delayed 44.41 -0.81 1.79%
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/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,299 -17 0.17%
CAC 40
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FTSE MIB
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IBEX 35
/quotes/zigman/2759620/delayed 10,353 +63 0.61%
Stoxx 600
/quotes/zigman/2380150/delayed 363 +1 0.28%
Asia Dow
/quotes/zigman/6959860/realtime 2,754 -43 1.55%
Nikkei 225
/quotes/zigman/5986735/delayed 18,836 -301 1.57%
Hang Seng
/quotes/zigman/2622475/delayed 21,489 -124 0.57%
Shanghai
/quotes/zigman/1859015/delayed 3,148 -84 2.61%
Sensex
/quotes/zigman/1652085/delayed 26,392 +161 0.61%
Singapore
/quotes/zigman/1709939/delayed 2,937 -19 0.64%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.01 0.54%
Yen
/quotes/zigman/16008150/realtime/sampled 121.02 -0.67 0.55%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.26%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.39%
DXY Index
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WSJ $ Idx
/quotes/zigman/41508961/realtime 88.30 -0.20 0.22%
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/quotes/zigman/15866666/realtime 2.16 -0.02 0.97%
German 10y
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Italy 10yr
/quotes/zigman/15866497/realtime 1.91 -0.02 0.80%
Spain 10yr
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Could Apple TV Cut Your Cable Bill?

———

Apple TV might do for the cable bill what competition from streaming-video sites like Netflix could not: lower it.

Though Apple is not a company known for reducing prices, experts say the company’s push to replace the cable box with its own hardware and software could lead to cheaper TV. Apple is in talks with some of the biggest U.S. cable operators to sell set-top boxes directly to consumers, The Wall Street Journal reported last week. And the company was granted a patent for a set-top box to stream live TV and to record shows. Apple currently sells a $99 set-top box that streams content from iTunes and other online media services like Netflix and Hulu, but not live television.

By striking such a deal, Apple would spare cable companies the expense of supplying and maintaining rented set-top boxes — and the hassle of trying to retrieve them when contracts end. “It could push down the price of cable if it allows consumers to sidestep the high price of leasing set top boxes,” says Craig Moffett, senior analyst with Sanford C. Bernstein. “That’s something everyone, including the operators, would celebrate.” Consumers pay $10 to $15 to rent boxes from cable companies. The average monthly cable bill is $86, according to the NPD Group. Of course, the new Apple TV device itself would likely come with a price tag to rival the iPhone’s.

There are some big financial incentives for cable operators to get out of the hardware business and focus on wireless and cable services. Equipment for consumers’ homes and businesses makes up about 40% of cable operators’ annual capital expenditure,  and set-top boxes account for most of that amount, says market researcher SNL Kagan. Total capital expenditure for the U.S. cable industry was $13 billion in 2011, according to data from the National Cable & Telecommunications Association. Apple did not respond to requests for comment.

Cable companies aren’t exactly under tremendous pressure to partner with Apple, however. To date, only a small number of subscribers have abandoned cable in favor of online services. Publicly traded cable, satellite and phone companies lost 200,000 subscribers, or 0.2% of the 100 million pay-TV subscribers, in the second quarter, says Dan Rayburn, an industry analyst with Frost & Sullivan. But that doesn’t account for those who merely cut back on some of their cable services, he says. “The market for cable alternatives is already fragmented, and with Apple TV, that’s only going to get worse,” Rayburn says.

Still, Apple may also be a better partner than competitor, industry pros say. “Cable companies have to be seriously worried that they’re facing off against a company that has managed to successfully reinvent existing devices,” says Jeff Haynes, editor at TechBargains.com. Partnering with Apple would offer “significant” protection from satellite and video-streaming services like Netflix, Moffett says. “It’s hard to imagine an Apple set-top box that did not incorporate video-over-the-Internet as a key element,” he says.

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

Tokyo Markets Close in:

need to know
Biden polls better than Clinton against top GOP
Nassim Taleb’s ‘Black Swan’ fund made $1 bln
Alaska’s Mount McKinley to be renamed Denali
Staples, Office Depot to delay close of merger
PBF Energy chemical leak in Del. refinery
5 silly new words in the Oxford dictionary

Apple will double the cost of next Apple TV
Apple will double the cost of next Apple TV

Apple, Amazon, Google shares on shopping lists

Scott Walker wants to build a wall — with Canada
Scott Walker wants a wall — with Canada

Italy’s Eni discovers ‘supergiant’ gas field off Egypt
Italy’s Eni discovers ‘supergiant’ gas field off Egypt

Sunday is Warren Buffett's 85th birthday
Happy 85th birthday to the $67 billion man


Now is the time to fix your investment portfolio
Now is the time to fix your investment portfolio
Both worry, be happy stocks aren’t a sure bet

Facebook users flood Mark Zuckerberg with thank you’s
Facebook users flood Zuckerberg with thanks


‘War Room’ is a ‘resounding success’ at box office

10 money stories you might have missed but shouldn’t have
10 money stories you shouldn’t have missed

By this measure, stocks have weathered the worst
By this measure, stocks have weathered the worst

Atlantic hurricanes lose sway over oil-and-gas market
Atlantic hurricanes lose sway over oil, gas markets

Blue-chips with fat dividends offer value


These are the best jobs for millennials
These are the best jobs for millennials


Have kiddie birthday parties gone too far?

Parents: You’re putting your kids in danger
Parents: You’re putting your kids in danger

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others

Harry Styles makes more waves for SeaWorld
Harry Styles makes more waves for SeaWorld

Never use a market order when stocks are selling off
Schwab site hit by outages in busy trade stretch
Lack of fear means this correction isn’t finished

Most imposing stock ‘wall of worry’ in 5 years
Worried? With good advice, you won't be

Meet the author of one of Wall Street’s best-read blogs
Meet the author of a best-read Wall Street blog

New Orleans 10 years after Hurricane Katrina
New Orleans 10 years after Hurricane Katrina
Hurricane Katrina: Looking back and forward
Obama in New Orleans to mark 10 years


China wins the Battle of Mountain Pass
China just undermined the U.S. Defense Department

China may be in worse shape than most of us think
What should China do to fix its economy?
Analysts dismiss fears of a China hard landing
‘Loch Ness monster’ and China's mystery rally

How Aldi stacks up vs. Trader Joe's
How Aldi stacks up against Trader Joe’s


/conga/frontpage.html 353651

Markets »

131.79MDow Volume:
Avg Vol: 112.32M
Unchanged
186
Decliners
2190
Advancers
4209
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,368 -5 0.21%
Gold
/quotes/zigman/662444/delayed 1,134 0 0.03%
Oil
/quotes/zigman/2331095/delayed 44.41 -0.81 1.79%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,299 -17 0.17%
CAC 40
/quotes/zigman/3173214/delayed 4,675 +17 0.36%
FTSE MIB
/quotes/zigman/1482176/delayed 21,994 -208 0.93%
IBEX 35
/quotes/zigman/2759620/delayed 10,353 +63 0.61%
Stoxx 600
/quotes/zigman/2380150/delayed 363 +1 0.28%
Asia Dow
/quotes/zigman/6959860/realtime 2,755 -43 1.54%
Nikkei 225
/quotes/zigman/5986735/delayed 18,834 -302 1.58%
Hang Seng
/quotes/zigman/2622475/delayed 21,486 -126 0.58%
Shanghai
/quotes/zigman/1859015/delayed 3,148 -84 2.61%
Sensex
/quotes/zigman/1652085/delayed 26,392 +161 0.61%
Singapore
/quotes/zigman/1709939/delayed 2,937 -19 0.64%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.01 0.52%
Yen
/quotes/zigman/16008150/realtime/sampled 121.02 -0.68 0.56%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.25%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.40%
DXY Index
/quotes/zigman/1652083/delayed 95.77 -0.21 0.22%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.30 -0.20 0.22%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.16 -0.02 0.97%
German 10y
/quotes/zigman/15866409/realtime 0.75 +0.00 0.17%
Italy 10yr
/quotes/zigman/15866497/realtime 1.91 -0.02 0.80%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 +0.01 0.26%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 0.00 0.58%
Crude Oil
/quotes/zigman/2331095/delayed 44 -1 1.79%
Gold
/quotes/zigman/662444/delayed 1,134 0 0.03%
Corn
/quotes/zigman/7599553/delayed 376 +1 0.20%
DJIA F
/quotes/zigman/38649152/delayed 16,460 -199 1.19%
S&P F
/quotes/zigman/30356461/delayed 1,966 -24 1.19%
Silver
/quotes/zigman/3134148/delayed 14 0 0.37%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Trending Tickers
  • /quotes/zigman/55553287/composite NK-4.87%
  • /quotes/zigman/57221/composite ARIA+41.69%
  • /quotes/zigman/1494100/composite OIL+7.27%
  • /quotes/zigman/242371/composite LGF-0.48%
  • /quotes/zigman/10294855/composite TEVA-0.26%
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