Watching Video on iPhone: Are you the type of person who watches a lot of video on your smartphone? If so, there is a very good chance that you are using an Apple Inc. (NASDAQ:AAPL) iPhone as opposed to another model. Sure, every smartphone allows you to watch video online but some have a bigger share of this market than others.
Apple Inc. (NASDAQ:AAPL) is actually the smart money’s second favorite publicly traded company but hedge funds have started dumping Apple Inc. (NASDAQ:AAPL) in favor of a surprising financial stock (see which stock hedge funds are buying like crazy).
All Things Digital recently discussed this topic, relying on data from Web video company Ooyala.
In short, here is the main thing you need to remember:
“People who own iPhones use them to watch a lot more video than people who own Android phones. Twice as much.”
It is not a surprise to many that the Apple Inc. (NASDAQ:AAPL) iPhone would be leading this category. Most people who purchase this device are tech savvy. They are also the same people who enjoy watching web videos.
Just how accurate is this data? Well, that is up for debate. One thing to keep in mind is that the information used by Ooyala is based purely on the video it “serves up via its own service and player.” With this in mind, you don’t want to overlook just how big Ooyala has become. According to the same article, it boasts roughly 200 million unique visitors across the globe. In other words, the company is pulling a lot of data.
This leads to one very important question: is there something about the Apple Inc. (NASDAQ:AAPL) that encourages video watching? Better yet, is there something about the competition, such as Android, that scares people away?
If you have any thoughts on this matter, feel free to share your opinion in the comment section below. Let us know why you think the Apple Inc. (NASDAQ:AAPL) iPhone attracts more people interested in watching web video.
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DISCLOSURE: I have no positions in any stock mentioned.
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