Apple Stock Forecast: Why Apple Will Dominate In Video Games-As-A-Service
This Apple stock forecast article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Summary:
- The low $4.99 monthly subscription fee is why Apple Arcade, not Google Stadia, will eventually dominate in Video-Games-As-A-Service.
- Apple’s big bet on subscription-only video games is well in-tune with GlobalData’s projection that the global video games industry can grow to $300 billion by 2025.
- Parents and players alike will eventually appreciate that the stigma of in-app purchases just got eliminated by Apple Arcade.
- Most iOS developers will initially be lukewarm to the idea of zero in-app purchases for their games. However, many of them will eventually warm up to Apple Arcade.
- Apple stock has a bullish one-year algorithmic forecast score of +339.29. I Know First has a great 0.67 predictability score on AAPL’s one-year market trend.
