Apple TV+ is losing billions of dollars — as planned and expected
Apple is reportedly cutting its Apple TV+ budget as this is its only service that is losing money, but the report conveniently leaves out that the service has always been a loss-leader with benefits that can’t have a dollar-value.
The specific claim of the new report is that Apple loses $1 billion per year on Apple TV+. Of course it does.
It should be more, really, since the budget for Apple TV+ films alone, not even including serialized shows like “Severance,” was originally set at $1 billion annually.
Continue Reading on AppleInsider | Discuss on our Forums
Source: AppleInsider News
Recent Posts
Here’s The Guitar Riff MIKE MCCREADY Couldn’t Sell To The Prince Of Darkness: “OZZY Just Wasn’t Into It”
"I should've probably done a really good job of recording it." The post Here's The…
What Tariffs Really Mean For BMW Prices and How the Brand Might Move Forward
It’s in the news no matter where you look: tariffs are (again) officially coming to…
M4 MacBook Air missed out on one of Apple’s latest hardware trends
In the past year, Apple has had an interesting trend across its new hardware releases:…
LORDI’s MR. LORDI Sounds Off On The Current Music Industry: “Digitalization Is The Root Of All Evil”
"And I refuse to be part of that. I have to be, but in my…
Ryan Coogler Wants Denzel for Black Panther 3 As Much as You Do
Whenever Marvel gets around to the next solo Black Panther movie, Coogler wants the acting…
These iPad accessories give you 98% of the experience for a quarter of the price
As someone who has used their iPad Pro as their main computer for about seven…