Apple snags historic Oscar

It was overshadowed by the slap, but Apple just won a historic Oscar.

Apple TV+ became the first streaming service to land a coveted gong from the Academy Awards.

Only a few years ago, a debate raged about whether streaming services should be allowed to compete. But two years ago, thanks to the pandemic, the Academy dropped a requirement that movies must play in theaters to be eligible for an Oscar.

Since then, streaming services like Apple TV+, Netflix, Amazon Prime and others have released a raft of award-winning movies.

Apple's win cements streaming services as central to the movie-watching experience.

-- Leander Kahney, EIC.

The movie won a trio of the prestigious awards, including Best Adapted Screenplay and Best Supporting Actor.

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One more thing ...

Asked what he wants, Steve Jobs replied: "To make Apple a great $10 billion company. Apple has the opportunity to set a new example of how great an American corporation can be, sort of an intersection between science and aesthetics. Something happens to companies when they get to be a few million dollars -- their souls go away. And that's the biggest thing I'll be measured on: Were we able to grow a $10 billion company that didn't lose its soul?"

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