Analyst says end of Apple TV+ trial is a major threat to services business
What you need to know
- Goldman Sachs analyst Rod Hall thinks investors could experience poor performance from Apple in 2022.
- The analyst points to a slowdown of App Store performance and the end of the Apple TV+ trials as the reason.
Apple's Apple Card partner thinks there is "significant downside risk" to the companies investors in 2022.
As reported by AppleInsider, Goldman Sachs analyst Rod Hall believes that a slowdown in the growth of the App Store as well as the expiration of free trials for Apple TV+ will cause major impact on the company's fiscal performance.
The analyst believes that Apple will actually extend the free trial of Apple TV+ in order to continue its push into the new service.
Despite the threats that exist to Apple's business, Hall believes that the new Apple One bundles will help protect and eventually grow the company's services.
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Joe Wituschek is a Contributor at iMore. With over ten years in the technology industry, one of them being at Apple, Joe now covers the company for the website. In addition to covering breaking news, Joe also writes editorials and reviews for a range of products. He fell in love with Apple products when he got an iPod nano for Christmas almost twenty years ago. Despite being considered a "heavy" user, he has always preferred the consumer-focused products like the MacBook Air, iPad mini, and iPhone 13 mini. He will fight to the death to keep a mini iPhone in the lineup. In his free time, Joe enjoys video games, movies, photography, running, and basically everything outdoors.
He's been wrong EVERY TIME!