According to the Apple, Apple is lost 1 billion dollars per year on the broadcast service

Apple loses more than one billion dollars annually on broadcasting service, Apple TV+, according to a new report from Information. The report revealed the only service in the Apple wallet that is not profitable.

The company has spent about $ 5 billion on content every year since the broadcasting service was launched in 2019, but it reduced this number to $ 4.5 billion in 2024. Apple TV+ is famous for the original offers such as “Severance”, “TED Lasso”, “The Morning Show”, “Silo” and “Drinking”.

Although Apple TV+ Productions gets more than 2500 filtration and wins, the broadcast service has left the Netflix, Disney+ and Amazon Prime video when it comes to subscribers.

Although Apple does not reveal the number of subscribers in its broadcast service, the report states that Apple TV+ has an estimated 45 million subscribers. For context, Netflix It leads the broadcast industry With 301 million subscribers.