Apple beat on the top and bottom line today, but investors nudged the shares lower as sales fell in China and the company didn’t deliver the blowout the Street seemed to want. Revenue of $119.6 billion beat expectations and was up for the first time after four quarters of declining sales. Apple had told investors to expect revenue to be about flat with a year ago.
Luca Maestri said Apple Services, the division that includes Apple TV+ as well as Apple Music, Apple News, Apple Arcade, Apple Books, Podcasts, Fitness, the App store, Apple One and other things Apple, saw record revenue last quarter of $23 billion, up 11%, with paid subscriptions continuing to grow in the “strong double digits” and now “well over” one billion.
There was a time when streamers — led by Netflix, burning a hole in its balance sheet with annual negative cash flow in the billions — were banking on double-digit subscriber growth. And they were spending on content like there was no tomorrow. Well, tomorrow came.
Parents Television and Media Council (PTC) has revealed that Meta and HBO have made its annual Naughty List for targeting children with harmful content, while AppleTV+ and Bentkey were chosen for its […]
The executive has been a driving force behind the launch of titles including Wedding Season and Extraordinary.
The average cost of watching a major ad-free streaming service is going up by nearly 25% in about a year, as entertainment giants bet that customers will either pay up or switch to their cheaper and more-lucrative ad-supported plans.
Exclusives
The buzz about bundling has been steadily growing in TV industry circles since May, when Warner Bros. Discovery CEO David Zaslav took a break from his usual mustache-twirling to lay out a case for why companies with streaming platforms needed to get on the ball and figure out a way to package their respective services together in one consumer-friendly package — a.k.a. a bundle.
T-Mobile’s premium unlimited wireless customers already get year free of Apple TV Plus to go with a free Netflix standard plan.
Apple TV+ has stepped up to the plate and revealed the first half of its inaugural Friday Night Baseball slate, to stream this summer beginning April 8. The games scheduled to stream on Apple TV+ will be available to anyone with Internet access for free (though “for a limited time”), across devices where Apple TV+ can be found (including on the Apple TV app on iPhone, iPad, Mac, Apple TV 4K and HD, and on tv.apple.com, along with smart TVs, gaming consoles and cable set-top boxes).
After a few false starts and a little offscreen drama, AppleTV+ finally makes its big debut with a slate of shows, Jennifer Aniston and Reese Witherspoon and a billion potential customers ready to see what original programming looks like from the world’s largest company, led by CEO Tim Cook.
LOS ANGELES (AP) — The Church of Scientology is about to get its own television channel starting Monday. A Twitter handle, website and app for Scientology TV appeared Sunday posting […]
