Apple Inc. (NASDAQ:AAPL) came away from last week’s Academy Awards ceremony in equal states of euphoria and agita. On the positive side, the company’s Apple TV+ made history as the first streaming service to secure a Best Picture Oscar winner with “CODA,” a surprise victory over rival Netflix’s (NASDAQ:NFLX) “The Power of the Dog,” which many film industry observers pegged as a sure-bet for the top prize.
But on the negative side, the continuing resonance from the ceremony is not about “CODA” but Will Smith’s violent behavior after award presenter Chris Rock made an unscripted joke about Smith’s wife, actress Jada Pinkett Smith.
