Not Even Oprah Can Sort Out Apple's Video Mess

The transcript discusses Apple's entry into Hollywood with a billion-dollar content budget, attracting high-profile names like Steven Spielberg, Reese Witherspoon, and Oprah. Despite Oprah's influence, Apple's entertainment strategy remains unclear and secretive, raising questions about its plans for a Netflix-like service. The company faces challenges in the entertainment industry, similar to past struggles with iTunes and iBooks. Investors remain optimistic, hoping Apple will find new revenue streams, but the company's future in content creation is uncertain.

What was Apple's initial move in Hollywood?

• Partnering with Netflix

• Launching a new iPhone

• Opening a billion-dollar content budget

• Creating a new music streaming service

What is a major question about Apple's entertainment strategy?

• If Apple will launch a new iPhone

• If Apple will partner with Spotify

• Whether Apple will create a Netflix-like service

• Whether Apple will enter the gaming industry

How does Apple's approach to new product announcements typically differ from other companies?

• They announce products years in advance

• They keep plans secret until just before release

• They rely on public opinion before launching

• They collaborate with competitors

What has been a recurring issue for Apple in the digital content space?

• Overpricing their products

• Falling behind competitors

• Lack of customer support

• Being too innovative

What is one reason investors remain optimistic about Apple's future?

• Apple's consistent product failures

• Apple's lack of innovation

• Apple's declining stock prices

• Wall Street's enthusiasm for Apple's potential new revenue streams