3 Reasons Apple TV+'s Price Is So Low
Apple (NASDAQ: AAPL) surprised investors and consumers alike when it announced the pricing for its subscription video-on-demand service Apple TV+ at its September event. The streaming service will cost just $4.99 per month for U.S. subscribers, and Apple will even throw in a free year for anyone buying a new Apple device.
That's priced well below competitors like Netflix (NASDAQ: NFLX), AT&T's (NYSE: T) HBO Now, and even Disney's (NYSE: DIS) upcoming Disney+, despite Apple reportedly spending about $6 billion on original content for the service to be released over the next year. That puts its original content spending nearly on par with Netflix's and well above competitors like HBO or Amazon (NASDAQ: AMZN) Prime.
Image source: Apple.
Source Fool.com


