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Apple reportedly losing $1 billion a year

USA Today · 18m

Apple losing over $1 billion a year on streaming service, the Information reports

The tech giant has spent more than $5 billion a year on content since launching Apple TV+ in 2019, the report said.

Apple TV+ is losing $1 billion every year, per report

Apple TV+ is not yet profitable despite growing subscriber numbers, as its losses reportedly cost Apple $1 billion every year.

'Severance' is a hit. Apple TV+ is not, even after six years.

Critics love it and people watch it. But Apple TV+ is reportedly losing $1 billion a year.

2d

New Apple TV 4K release date: Here’s when to expect the next model

Apple is working on a new Apple TV 4K set-top box, and now after almost three years since the last update, here’s when to ...

Irish Star on MSN8d

Apple TV shares first look at one of this year's 'must watch' shows as fans say 'Mad Men is back'

Apple has shared a first look at one of this year's 'must watch' shows as fans declare that 'Mad Men is back'. Your Friends ...

7d

This new Apple TV+ series is basically a one-man version of The Bling Ring, starring Jon Hamm

Jon Hamm is back — and this time, he’s stealing from the rich. 🍸💰 Your Friends & Neighbors hits Apple TV+ on April 11, ...

4h

Apple TV+ is losing $1B annually, but its other services are struggling too

Report reveals that almost six years after being unveiled, Apple TV+ is still losing money. Worse than that, other services ...

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