You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Apple is going direct to satellites with this move.
Apple (AAPL -0.20%) is making a $1.5 billion investment in little-known Globalstar (GSAT 3.77%) to bring more satellite services to iPhones. In this video, Travis Hoium covers how this changes telecommunications forever.
*Stock prices used were end-of-day prices of Nov. 4, 2024. The video was published on Nov. 4, 2024.
Travis Hoium has positions in Verizon Communications. The Motley Fool has positions in and recommends Apple and Garmin. The Motley Fool recommends T-Mobile US and Verizon Communications. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Related Articles
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
