Do Recent Apple Alliances Matter?

Apple (NASDAQ: AAPL  ) recently announced that users of Apple TV will be able to directly access content from Time Warner's (NYSE: TWX  ) HBO GO and Disney's (NYSE: DIS  ) WatchESPN. While the enhancement may be welcome by users of Apple TV, the biggest near-term winner may be Comcast (NASDAQ: CMCSA  ) and other cable companies -- in order to get access to this content, you must already have a subscription to the various channels through your "regular" TV provider. Long-term, the picture could be different.

In the video below, contributor Doug Ehrman discusses both the near-term and long-term ramifications of the news and whether or not it should matter to investors.

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