Apple TV+ Has a Lot of Subscribers -- Sort Of

In the battle for streaming subscription supremacy, tech giant Apple's (NASDAQ: AAPL) Apple TV+ may be faring much better than was previously believed -- by some measures, anyway.

Apple hasn't shared much information about its streaming subscriber base, but most reports have been something less than encouraging: One analysis made the case that Apple TV+ has been tried by only 5% of streaming households in the fourth quarter of 2019, making Apple TV+ much less successful than competitors like Disney's (NYSE: DIS) Disney+, which 23% tried. But new numbers from analysis group Ampere Analysis have a different perspective.

According to Ampere Analysis, Apple TV+ actually has around 33 million subscribers in the United States a scant three months after its release. That number is impressive, but it's also misleading.

Source Fool.com