Apple is losing more than $1 billion per year on its streaming service, Apple TV+, according to a new report from The Information.

Apple TV+ is reportedly losing more than $1 billion a year, and the internet is full of hot takes about its supposed demise. The panic, however, is overblown - and missing Apple's long-term strategy.

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Apple TV+ is losing a gigantic sum of money by financing and distributing all of its TV shows and movies, but they can afford ...

Since launching Apple TV+ in 2019, the company has reportedly spent $5 billion a year on its award winning streaming content ...

Apple TV+ is reportedly losing more than $1 billion per year as the company is spending $4.5 billion on content annually.

The tech giant has spent more than $5 billion a year on content since launching Apple TV+ in 2019, the report said.

Critics love it and people watch it. But Apple TV+ is reportedly losing $1 billion a year.

The Apple TV+ streaming service “is losing more than $1 billion annually,” according to The Information today. The report ...