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FloSports, a streaming service based in Austin, Texas, is betting that sports fans want more from their viewing that what they're getting from traditional TV.
Services and, notably, Apple Music, are poised to be Apple's fastest-growing revenue generators, according to one analyst.
Investors should consider factoring in goodwill when they are examining the value of a stock because it can often predict the outlook of a company, especially serial acquirers.
The streaming giant says its expectations are 'modest' for the deal that finally gives it a presence in the huge China market.