Apple (AAPL) Hits 'Home Run' with New MLB iPad Deal
Get Alerts AAPL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Join SI Premium – FREE
While Microsoft (Nasdaq: MSFT) may have a technology/tablet deal with the NFL, Apple (Nasdaq: AAPL) will be featured in more of a slow moving backdrop: baseball.
The WSJ said that Apple will supply the iPad tablet to MLB dugouts after recently inking a multi-year deal with the league.
According to the report, Teams will be able sift through performance stats from current and past seasons, weigh potential pitcher-hitter matchups, look at “spray charts” showing where a player is likely to hit a ball, even cue up videos of plays from previous games.
MLB Commissioner Rob Manfred said coaches have been itching to get a tablet loaded with player data, so the agreement was a natural next step.
Financial terms of the agreement were not disclosed.
Shares of Apple are up over 1 percent in early trading.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UBS Reiterates Neutral Rating on Apple (AAPL)
- Why Barclays views this pharma stock's recent selloff as a buying opportunity?
- Apple store workers in Italy strike on iPhone 18 Pro launch
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share