The Severance streamer is reportedly the only Apple service that isn’t profitable.
The Severance streamer is reportedly the only Apple service that isn’t profitable.
Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.
Apple TV Plus is losing more than $1 billion every year despite reaching 45 million subscribers in 2024, according to a report from The Information. It’s reportedly the only Apple subscription that isn’t generating a profit.
As part of an effort to take “a harder line on spending,” Apple cut its initial $5 billion budget for Apple TV Plus content by
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