Apple Is Losing $1 Billion a Year on Apple TV+ Streaming

Apple TV+, Apple’s streaming service, has received numerous award nominations but is reportedly costing the company billions of dollars annually. Despite having 45 million subscribers, Apple TV+ has resulted in over $1 billion in losses per year. The service is part of Apple’s Services division, which brought in $26.3 billion in revenue in the last quarter of 2024, and has produced critically acclaimed shows like “Ted Lasso” and “The Morning Show.”

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