|Day's range||44.39 - 48.18|
Apple plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company's plans. Caroline Hyde has more on "Bloomberg Markets." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en
It's no surprise that Netflix (NASDAQ: NFLX) shareholders have relentlessly focused on one metric above all others -- subscriber growth. When the streaming giant lost 1.2 million customers in the first six months of 2022, it hurt investor confidence in the company's growth story.