Apple reportedly losing over $1B a year on streaming service as subscriptions sit well below Netflix ...Middle East

Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing two people familiar with the matter. The tech giant has spent more than $5 billion a year on content since launching Apple TV+ in 2019 but trimmed it by around $500 million last year, the report said. Apple did not...

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