Apple is losing more than a billion dollars a year on its AppleTV+ streaming service. The post Nolte: Apple Streaming Service Losing More Than $1 Billion per Year appeared first on Breitbart.
Apple's streaming service, Apple TV+, is reportedly losing over $1 billion annually despite Apple generating a $94 billion net profit. Apple TV+ has around 45 million subscribers, lacking a substantial back catalog compared to competitors. The streaming landscape is shifting towards a few dominant services, potentially leading to acquisitions and further competition from free streaming platforms.
