Describe the current market opportunities for new product

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Reference no: EM133291994

Assignment:

Draft a project outline that presents a prospective timeline and targeted customer segment of Apple Inc. launching a new product or service in the form of a streaming platform that is accessible through a paid membership and provides users with access to exclusive original content. This may include things like movies, television series, or music. A bundled version of the service, including iCloud storage and Apple Music, was available for an extra cost. The value proposition of this new service would be to supply Apple users with a simple method of accessing unique material that is not available on other streaming platforms. This would be the primary benefit that this new service would bring to the table. Profitability would increase as a result of this since greater income would be generated from Apple's existing clientele.

Address the following:

About- a brief overview of the launching of the new product/service of streaming platform from Apple.
Goals- explain goals and objectives
Target Customers- describe the targeted consumers of the launching of the new product/service of streaming platform.
Market Opportunity- describe the current market opportunities for the new product/service
Financial Opportunity- discuss the financial outcomes such as in cash flow, top-line revenue that the new service brings to Apple. Also, explore if the new product would generate positive cash flow and profitable and if it could be profitable in a different way.
Timeline- brief timeline on how the new service/product should be developed and launched

Reference no: EM133291994

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