Story perspectives
Apple TV+ Loses $1 Billion Despite 45 Million Subscribers
3/20/2025
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Story summary
- Apple TV+ faces annual losses exceeding $1 billion, despite boasting 45 million subscribers.
- Content spending is set to decrease from $5 billion to $4.5 billion in 2024.
- While shows like "Ted Lasso" and "Severance" are popular, Apple TV+ trails behind Netflix.
- Apple’s revenue reached $391 billion in 2024, enabling it to manage these financial setbacks.
