Apple: Don't expect Apple TV+ to have material impact on finances

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Apple: Don't expect Apple TV+ to have material impact on finances

Apple disputed the negative call by Goldman Sachs hitting the stock on Friday, taking issue with the firm's negative characterization with how Apple's dealing with accounting for its new TV+ service. Goldman said that the one-year free trial of the TV+ service would have a "material negative impact" on earnings by showing lower hardware profit margins. CNBC's Josh Lipton reports.
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Fri, Sep 13 20192:25 PM EDT