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Benzinga
43 days

F1 Is Apple's Biggest Box-Office Win—So Why Is The Stock Stalling?

1. Apple's 'F1' is its highest-grossing film but may not affect stock. 2. The film grossed $293.6 million worldwide after 10 days in theaters. 3. Apple incurs high costs and remains far from profitability in film segment. 4. Ad-supported streaming launch may coincide with 'F1' streaming release. 5. Apple stock down 12.8% year-to-date, currently at $212.47.

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FAQ

Why Neutral?

Despite box office success, historical data shows Apple's films haven't significantly impacted stock prices.

How important is it?

Movie's success may enhance Apple's entertainment value, but profitability concerns remain.

Why Short Term?

Potential boosts from ad-supported plans are imminent but uncertain.

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