We have the space race and also the race to conquer streaming . Apple spoke with real estate developers and told them they wanted to rent a large production campus in Los Angeles, according to a report in The Wall Street Journal.
The technology company commented that they are considering several locations and that this campus could exceed half a million square feet (approximately 46,000 square meters), according to the informants of the American media.
Omar Rodriguez via Unsplash
The producer of shows like Ted Lass or and The Morning Show wants to ensure a space in which it can make more productions, perhaps to get to compete with the big platforms like Netflix and Amazon Prime .
This movement would achieve an expansion that would give the technology company the opportunity to make large productions and reaffirm its commitment and its place in the race to conquer
streaming consumers with its Apple TV + platform.
Before you consider Apple, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Apple wasn't on the list.
While Apple currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
