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Message: <blockquote data-quote="nevin" data-source="post: 9184776" data-attributes="member: 7024481"><a href="https://www.barrons.com/articles/apple-stock-price-tv-plus-earnings-34b3f10b" target="_blank">Apple Loses Billions on Streaming, Analyst Estimates</a> here's the link to barrons article.  According to barrons's it's likely Apple TV+ has never made a profit. Long also writes that TV+ likely has negative operating margins, generating an estimated loss of 30 cents per share for calendar year 2022. Losses will “plateau” in 2025, he predicts, based on content spending of $4.8 billion in 2022, $5.8 billion in 2023 and $6.6 billion next year.   wow Apple does not break stuff down.   though from what I've read so far they make far more on music than Apple TV+ and always have.   Apple TV+ is 2% of thier total streaming services revenue.    According to barron's they spent 4.8 billion in 2022 and will spend 5.8 billion this year, the analyst projects that will generate 52% growth in revenue for the service but that still doesn't bring the service to profitability.   so after spending 4.8 billion in 2022, 5.8 billion in 2023 and 6.6 billion in 2024 the service will be worth 9 billion and possibly profitable.</blockquote>