Analysts predict Apple will win an Oscar by 2022 4 years ago

Analysts predict Apple will win an Oscar by 2022

With all of the talk of the Moonlight/La La Land snafu, one major development was more or less completely overlooked at this year's Oscars.

Manchester By The Sea headed home with a few awards under its belt, and the movie was produced by streaming company Amazon.

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Despite the talk about Netflix's attempt last year with Beasts Of No Nation, this is the first time that a streaming company had gone home with Oscars, and an analyst has predicted that Apple will be joining that race within the next five years.

Wall Street analyst-turned-venture capitalist Gene Munster wrote a research note stating: “We think Apple will win an Oscar in the next five years. That’s how long it will take for Apple to scale its original content spend from less than $200 million today to $5-7 billion.”

Apple's first two original series - Planet Of The Apps and the Carpool Karaoke spin-off - are both due to debut that this Spring.