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Apple Faces $1 Billion Annual Loss In Sparring Streaming Arena

Apple TV+, despite its vibrant collection of popular originals like “Severance,” “Ted Lasso,” and “The Morning Show,” is reportedly facing a financial crunch, losing over $1 billion annually. These losses mark it as the lone unprofitable venture in Apple’s otherwise booming portfolio.

Originally launching in 2019, Apple TV+ has seen significant investment, with content expenses hovering near $5 billion annually, though recent years have seen a slight reduction to $4.5 billion. Despite amassing more than 2,500 awards globally, the platform struggles behind giants like Netflix, Disney+, and Amazon Prime Video in terms of subscribers.

While Apple remains reticent on subscriber data, estimates suggest a base of around 45 million, far below Netflix’s dominant 301 million subscribers. This scenario underscores a competitive streaming landscape and raises important queries regarding future strategies for Apple TV+.

For a deeper understanding of trends affecting global industries, be sure to check our insights on Global Happiness Rankings and the shifting paradigms of consumerism.

CNBC And Statista Spotlight The World’s Top Fintech Companies

Expanding The Fintech Horizon

CNBC, in strategic partnership with market research powerhouse Statista, has opened applications for the fourth edition of its renowned World’s Top Fintech Companies list. Now in its mature phase, this annual compendium identifies leading global fintech entities, spanning startups and established corporations alike, across sectors that include payments, wealth technology, insurance, and the newly introduced regulation tech segment.

Charting A Transformative Era

Fintech has moved from a fast-growing niche into a core part of the global financial system. Digital adoption accelerated during the Covid-19 period, while advances in artificial intelligence continue to reshape financial services. According to KPMG, global fintech investment reached approximately $44.7 billion across more than 2,200 deals in the first half of 2025, reflecting sustained investor interest despite a more selective funding environment.

Building On A Legacy Of Excellence

Last year’s ranking included global players such as Mastercard, Stripe, and Visa, alongside fast-growing companies including Bilt, TerraPay, and Entsia. The expanded 2026 framework reflects industry shifts, particularly the growing role of regulation technology companies that help financial institutions meet evolving compliance and risk management requirements.

A Call For Fintech Leaders

Applications are open to companies developing technology-driven financial services with measurable market impact. Applicants are expected to demonstrate clear product focus, innovation, and business scalability. The submission process, managed by Statista, requests information related to business models, revenue performance, and workforce growth.

Application Details And Key Dates

To apply, interested companies can submit their information online. The application deadline is April 24, 2026. For further clarification on the application process or additional support with the form, inquiries can be directed to Statista via email at topfintechs@statista.com.

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