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Stockreport

Severance's Fame is Good for Apple TV+: Is it True for AAPL Stock? [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Severance broke Ted Lasso's record in becoming Apple TV+'s most-viewed series in history based on the number of unique viewers between Jan. 17 (the day season 2 was released) through Feb. 17. Severance , along with Ted Lasso Slow Horses and Silo , are a few of the Apple TV+ shows that have gained fame in recent years. However, the number is quite small compared with content offerings from bigger rivals, including Netflix NFLX, Amazon AMZN and Disney DIS. Apple TV+'s low popularity is hurting profitability, with the service losing more than $1 billion per The Information, which also claimed that the platform had roughly 45 million subscribers in 2024. Although a $1 billion loss is a big figure, we don't see it as a serious concern for Apple, given its modest spending on content ($100 million or less on a dozen movies annually) and strong liquidity (cash balance of $141.37 billion as of Dec. 28, 2024). The company leverages Apple TV+, along with Apple Music, Apple Arcade, and Apple [Read more]
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