Apple TV+ Expenditure Was Reduced By $500 Millon In 2024 As Cutback Measures Were Reinforced; Private Jet Travel For Stars Was Met With Heavy Scrutiny

OSTN Staff

Apple TV+ expenditure was reduced by $500 million in 2024

Out of all of Apple’s business, its Services division has ended up being the most reliable, generating revenue growth for the past 10 quarters, with the company’s Q1 2025 earnings revealing that the category brought in a whopping $26.34 billion. It is likely that this figure would be higher if loss-making services such as Apple TV+ would turn things around, but that is the nature of such businesses, and it is expected to bleed money long before it finally turns a profit. What the company can now do is slow the ‘burn rate’ of that cash, and according to the latest […]

Read full article at https://wccftech.com/apple-tv-expenditure-reduced-by-500-million-in-2024-more-cuts-ordered/