Apple TV+ Reportedly Losing Over $1 Billion USD Per Year

The Apple TV+ streaming service is reportedly still losing a hefty amount of money every year.Variety cites a report from The Information stating that Apple is losing over $1 billion USD a year on its streaming service. The company has decreased its annual content spending down to $4.5 billion USD (from $5 billion USD) a year, and currently has around 45 million subscribers. Additional metrics were not revealed, however Apple's Services division -- which covers Apple TV+, Apple Music, the App St...