--- title: Dow Adds Apple: Who Benefits More? | TIME description: The Dow Jones Industrial Average plans to add Apple to its group of 30 in mid-March. The tech giant will replace AT&T. canonical: https://time.com/video/nNomCFGr/ og:title: Dow Adds Apple: Who Benefits More? og:description: The Dow Jones Industrial Average plans to add Apple to its group of 30 in mid-March. The tech giant will replace AT&T. og:url: https://time.com/video/nNomCFGr/ og:image: https://cdn.jwplayer.com/v2/media/nNomCFGr/poster.jpg?width=720 og:type: video.other twitter:card: summary_large_image twitter:title: Dow Adds Apple: Who Benefits More? twitter:description: The Dow Jones Industrial Average plans to add Apple to its group of 30 in mid-March. The tech giant will replace AT&T. twitter:image: https://cdn.jwplayer.com/v2/media/nNomCFGr/poster.jpg?width=720 --- # Dow Adds Apple: Who Benefits More? > Sponsored content. Supplied in partnership with TIME. 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They are at time.com/newsletters and are separate from a paid subscription. ## Video: Dow Adds Apple: Who Benefits More? [Watch (HLS stream): Dow Adds Apple: Who Benefits More?](https://cdn.jwplayer.com/manifests/nNomCFGr.m3u8) (1:34)  _Published 2015-03-06. The Dow Jones Industrial Average plans to add Apple to its group of 30 in mid-March. The tech giant will replace AT&T._ --- Jul 27, 2023 6:01 PM UTC --- ## More From This Series [All Videos](https://time.com/video/) [Apple Might Add Production Company To Its Resume](/video/tCsPTvtx/) ### Apple Might Add Production Company To Its Resume [Know Right Now: Apple’s Dow Jones Comeback](/video/mgxEBRgy/) ### Know Right Now: Apple’s Dow Jones Comeback [Apple Splits Its Stock](/video/AOzr3pyv/) ### Apple Splits Its Stock --- ## Transcript It's honestly hard to tell who's getting the most out of this deal. The Dow Jones announced it would welcome a new company to its group of 30, and we can't imagine the timing is a coincidence. Friday's news comes only three days before a media event where the tech giant is widely expected to reveal full details on the Apple watch. For many, this news has been expected for some time. Apple's seven way split of its stock last summer brought almost immediate speculation on joining the prestigious stock market index. Do you think this is because. They wanna end up on the Dow. Not sure about the Dow, I suppose, you know, there may be some ambition there about ending up on the Dow. The inclusion on the Dow as one of the 30 companies representing the U. S. economy was considered next to impossible back when Apple's stock price was such an outlier at roughly $ 700. As one financial advisor told Bloomberg. The Dow is supposed to be the dominant companies in each different sector of the economy and I don't think anybody can argue that Apple isn't by far the dominator in the phone sector. The digital age is taking over. The company it's effectively kicking out? But when one comes in, Dom Chu ,. One has to go and this time it is AT & T. It is out. The decision to drop AT & T surprised many consumers considering the telecom giant has been on and off the Dow for nearly a century. Plus the company's rival Verizon will stay. But the allure of adding Apple is undeniable. Friday afternoon outgoing AT & T ranked 27th out of 30 Dow Jones companies in terms of stock prices. Apple would rank sixth. The move is expected to go through after St. Patrick's Day ```json {"@context":"https://schema.org","@type":"VideoObject","name":"Dow Adds Apple: Who Benefits More?","description":"The Dow Jones Industrial Average plans to add Apple to its group of 30 in mid-March. 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