Will Apple TV+ Ever Become Profitable?

·3 min read

Apple (NASDAQ: AAPL) is spending heavily on its Apple TV+ streaming service. While Apple's series and films have garnered critical acclaim, it's not clear its strategy is paying off to become a profitable service for the tech giant. While Apple hasn't released details on how many consumers are watching Apple TV+, one analyst estimates it has between 20 million and 40 million paid subscribers.