Can Apple+ and Disney+ Beat Netflix?

Netflix (NASDAQ: NFLX) is the biggest name in streaming services, with a record $5.2 billion in sales in its Q3 earnings report. However, Apple (NASDAQ: AAPL) and Disney (NYSE: DIS) are entering the streaming space, looking to share — or take — some of Netflix's 60.2 million U.S. subscribers. Apple TV+ launched Nov. 1, and Disney+ will debut Nov. 12.

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With 60% of Americans consuming content through streaming services instead of cable, many entertainment companies want to increase viewership with subscription video-on-demand options. Investors will be watching whether the additional streaming choices will help Apple and Disney's stock prices.

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Source Fool.com