Company Of The Day: Apple
Apple (NASDAQ:AAPL) has raised prices for some of its subscription offerings. In the U.S., Apple TV+ will cost $6.99 per month, up from $4.99 per month, while Apple Music will cost $10.99, compared to the previous price of $9.99.
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Rising music licensing and content production costs have prompted Apple to raise pricing for its services.
The price hikes could be incrementally positive for revenues from Apple’s services business, which is the company’s fastest-growing segment.
See Our Complete Analysis For Apple
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