Tech titan Apple (AAPL) and NBCUniversal, which is owned by media giant Comcast (CMCSA), are teaming up to launch a new streaming bundle that includes Apple TV and Peacock. Starting October 20, customers in the U.S. can subscribe to both services together at a lower monthly price. More specifically, the bundle offers Apple TV and Peacock Premium for $14.99 per month, or Apple TV and Peacock Premium Plus for $19.99 per month. Both plans provide over 30% in savings compared to subscribing separately.
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Furthermore, Apple One subscribers on the Family or Premier plans can get Peacock Premium Plus at a 35% discount, which is the first time a third-party streaming service is offered as a discounted perk under Apple’s all-in-one bundle. Notably, the goal of this partnership is to make it easier for people to access top content from both platforms, which includes popular shows, live sports, and major movie franchises. Titles range from Ted Lasso and Severance on Apple TV to The Traitors, NBA games, and How to Train Your Dragon on Peacock.
In addition, as part of the launch, both platforms are offering cross-service content previews. In fact, Peacock users will be able to stream up to three episodes of select Apple TV shows, such as Slow Horses, Silo, Foundation, and Palm Royale, for free. Meanwhile, Apple TV users can sample episodes from Peacock titles like Law & Order, Bel-Air, Twisted Metal, and The Real Housewives of Miami.
Which Streaming Stock Is the Better Buy?
Turning to Wall Street, out of the two stocks mentioned above, analysts think that CMCSA stock has more room to run than AAPL. In fact, CMCSA’s price target of $40.64 per share implies 38.5% upside versus AAPL’s 3.6%.
