Advertisement
Australia markets closed
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • AUD/USD

    0.6516
    -0.0002 (-0.04%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • Bitcoin AUD

    107,269.55
    -871.64 (-0.81%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • AUD/EUR

    0.6041
    +0.0007 (+0.11%)
     
  • AUD/NZD

    1.0906
    +0.0003 (+0.03%)
     
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     

Apple may put TV streaming service on hold: Report

Apple may put TV streaming service on hold: Report

Apple (AAPL) fans may have to wait a little bit longer for its long-rumored TV streaming service, according to the blog AppleInsider.

In a note to investors obtained and cited by the blog, which is not affiliated with Apple, Piper Jaffray lead internet analyst Gene Munster said there was a "50-50" chance that Apple decides to unveil its streaming TV service for cord cutters at the tech giant's Sept. 9 keynote presentation.

Other reports gave lower odds. On Friday, Bloomberg reported that Apple was going to delay the streaming TV announcement because of stalled talks with TV networks. Bloomberg cited anonymous sources.

Both reports said that Apple is still expected to unveil a new Apple TV set-top box at the event. This will be the first upgrade since 2012 for the device.

ADVERTISEMENT

Read More Behind the $5.5 million bet against Apple

In other Apple news, CEO Tim Cook announced the company more than doubled the hiring of women and minorities, although he admits there's still a lot more work to be done.

Apple did not immediately respond CNBC's request for comment.

Read the full Apple Insider report here.



More From CNBC