Apple losing over $1 billion a year on streaming service, the Information reports
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
Apple TV+ is reportedly incurring annual losses exceeding $1 billion, highlighting financial challenges in the competitive streaming industry.
(Reuters) - Apple is losing more than $1 billion a year on its streaming service Apple TV+, the Information reported on Thursday, citing two people familiar with the matter.
(Reporting by Akash Sriram in Bengaluru; Editing by Savio D'Souza)
The article discusses Apple's financial losses exceeding $1 billion annually from its streaming service, Apple TV+.
The article suggests that Apple TV+ is struggling financially due to intense competition in the streaming industry.
The Information reported the losses, citing two anonymous sources familiar with the matter.
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