Further extrapolating on earlier reports regarding Apple’s purported move to take movies to their iCloud service. Now, Jeffries analyst Peter Misek believes that Apple now has deals in place with movie studios and tv studios to offer a service similar to Netflix.
As we recently noted, Apple just the other day turned on iCloud services for Apple TV users, so that they can now stream previously purchased tv shows from the cloud. It’s also being reported that Apple is preparing to launch “iTunes Replay” which will do much the same for movies.
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