Apple TV+ Losses Reportedly Stand At $1 Billion Annually, But It Should Matter Little Because The Company Netted $36 Billion In The Last Earnings Call
The raging success of Apple TV+ original shows like ‘Severance’ and ‘Ted Lasso’ would give the impression that the streaming service is raking in millions, with even a previous estimate suggesting that the highly popular sports comedy-drama television series was pulling in an impressive $600 million. Unfortunately, a new figure reveals the exact opposite scenario, claiming that the technology giant is losing around $1 billion yearly despite an increase in subscribers. Compared to all other categories, Apple TV+ is the only one that is losing money, even after it was reported that the expenditure will be controlled It is no […]