Apple Raises Prices for Music and TV+

Apple Raises Prices for Music and TV+

Assessment

Interactive Video

Business, Architecture

University

Hard

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Apple has increased prices for its main services, including Apple TV+, Apple Music, and Apple One bundles, citing higher licensing costs. The price hikes may influence competitors like Spotify to adjust their pricing. Analysts predict Apple's services revenue to approach $20 billion, with overall revenue between $80 and $90 billion, showing moderate growth compared to the previous year. The iPhone 14 Pro and Pro Max have contributed significantly to this growth, thanks to new features and an extended sales period.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected revenue for Apple's services in the upcoming quarter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What features of the iPhone 14 Pro and Pro Max contributed to their sales success?

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