Apple recently hired Peter Stern, a former executive at Time Warner Cable, to become a VP for the tech giant’s cloud service. It’s also the case that Apple’s cloud service includes the paid subscription offering that streams music right now and possibly TV episodes or movies in the future. Stern’s appointment is being taken as a strong indication that Apple is gearing up to take on major cable companies once again.
According to the Wall Street Journal, a spokesperson for Apple already confirmed the hiring of Stern. A person familiar with the matter also informed the publication that Stern will be working under Eddy Cue, the senior vice president of internet software and services at Apple.
For those who may remember the news a few weeks back regarding the disastrous outcome of Apple’s negotiation with major TV network executives, Eddy Cue played a big role in practically stalling the talks. Cue reportedly pressed too hard and made demands that the networks could not agree to.
Now, the company has Stern, who is a proven veteran in the cable industry. Before leaving Time Warner Cable, he was instrumental in helping the company regain a significant number of lost subscribers via a more customer-focused strategy. Stern also helped stave off multiple attempts for a takeover, though the company was finally bought by Charter Communications Inc. in the end.
During his tenure as an important cable figure, Stern was a strong advocate of providing customers with app options instead of sticking to the leasing of proprietary TV set-top boxes. This makes him an even more suitable addition to Apple’s more forward-looking approach.
As of right now, Apple TV is reportedly not a priority for the company, Business Insider notes. However, hiring Stern could mean a serious pivot to revisit the idea of streaming episodes or movies via Apple apps and devices.


Snowflake Stock Soars 30% After Q1 Earnings Beat and Major AWS AI Partnership
SpaceX Starship V3 Test Flight Boosts IPO Momentum Ahead of Historic Market Debut
MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook
PDG Explores $1 Billion Sale of China Data Center Assets
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026
Marvell Stock Rises After Record Q1 FY2027 Earnings Fueled by AI Demand
SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results
Lam Research Expands AI-Powered Semiconductor Tools and Arizona Operations
Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments
SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence
Salesforce Q1 FY2027 Earnings Beat Expectations Despite Soft Q2 Revenue Outlook
Synopsys Q2 FY2026 Earnings Beat Driven by AI and Semiconductor Demand
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 



