Apple shedding over $1B a year on streaming service:…
Apple is shedding more than $1 billion a year on its streaming service, the Information reported on Thursday, citing two people accustomed to the matter.
The tech giant has spent more than $5 billion a year on content material since launching Apple TV+ in 2019 however trimmed it by round $500 million final year, the report stated.
Apple didn’t instantly reply to a Reuters request for remark.
Apple TV+,…
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