AppleTV+ Pips Disney to Third Place in Q4 as Streaming Wars Intensify

This post was originally published on this site
© Reuters. © Reuters.

By Yasin Ebrahim – Walt Disney (NYSE:) has hogged most of the headlines as the streaming wars intensify, casting a shadow over Apple (NASDAQ:), but new data shows that Apple TV+ racked in more subscribers than Disney+ in the fourth quarter.

Apple TV+ added 33.6 million U.S. subscribers in the fourth quarter, short of Netflix’s 61.3 million and Amazon (NASDAQ:) Prime Video’s 42 million, but ahead of the Disney+ figure of 23.2 million. Apple (NASDAQ:) was up 0.2%.

Despite launching a nearly two weeks before Disney+, AppleTV+ is still playing catch-up, and made its debut with only 11 series or movies available for streaming.

Some suggest that Apple’s impressive subscriber addition should be taken with a grain of salt as the strength of its streaming offering will be put to the test when the free one-year trial expires.

Under the current promotion, Apple TV+ subscribers are on a one-year free trial included with the purchase of any iPhone, iPad, Apple (NASDAQ:) TV, iPod touch, or Mac after Sept. 10, 2019.

Disney+, meanwhile, will likely see a wave of subscribers in the not-too-distant future with its launch in Europe on March 24.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment