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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Apple TV+ Bleeds £771 Million Annually Despite Award-Winning Content

Despite Apple TV+ receiving widespread industry recognition and delivering some of the most critically acclaimed shows and films in recent years, Apple is reportedly losing over £771 million ($1 billion) per year on its streaming service. While its core business in iPhones, MacBooks, and other consumer electronics continues to thrive, Apple's push into streaming remains an unprofitable venture—raising questions about its long-term sustainability.

Apple TV+: The Only Money-Losing Arm of Apple's Empire

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