CEO Tim Cook Says Apple TV+ Isn't Designed to Boost iPhone Sales

Apple CEO Tim Cook today said that Apple TV+ is driven by a commitment to storytelling and artistic excellence, rather than an effort to boost iPhone sales.

Apple TV Plus Feature 2 Warm
In a new interview with Variety, Cook said that Apple's video streaming platform is designed to support original storytelling and cultural influence, distancing the initiative from any direct hardware-related sales strategy. The position is a notable clarification amid long-standing belief that ‌Apple TV‌+ functions primarily as a marketing tool to strengthen brand loyalty and drive product purchases.

‌Apple TV‌+ debuted in November 2019. Apple deliberately chose to launch with only original titles and not to license a back catalog. Cook said:

We elected not to go out and procure a catalog. I know that's a faster way into the business, but it didn't feel like Apple at the end of the day. Apple should have something that we pour our passion into, and that's exactly what we're doing with the shows. And now you can see us hitting a stride. It feels wonderful.

Cook said that ‌Apple TV‌+ is consistent with Apple's identity as a "toolmaker," a term originally used by co-founder Steve Jobs:

We're a toolmaker. We make tools for creative people to empower them to do things they couldn't do before. So we were doing lots of business with Hollywood well before we were in the TV business.

We studied it for years before we decided to do [Apple TV+]. I know there's a lot of different views out there about why we're into it. We're into it to tell great stories, and we want it to be a great business as well. That's why we're into it, just plain and simple.

The remarks come as Apple prepares to debut F1: The Movie, a $200 million racing film starring Brad Pitt, co-produced by Lewis Hamilton, and directed by Top Gun: Maverick's Joseph Kosinski. The film represents the largest production effort to date by Apple Original Films and will be distributed theatrically by Warner Bros. before arriving on ‌Apple TV‌+.

To bring something to life that would be authentic to the sport, that would tell a great story as well about the ups and downs of life — F1 hit on all the things. And then we could bring some things that are uniquely Apple to the movie, like our camera technology. And we plan to have the whole of the company support it as well — our retail operation and everything. So it was something that we could get the entire company around. It feels wonderful to be a part of it.

Apple developed camera technology specifically for capturing high-speed racing sequences in F1, which is apparently now present on the latest iPhones.

I don't have it in my mind that I'm going to sell more iPhones because of it. I don't think about that at all. I think about it as a business. And just like we leverage the best of Apple across iPhones and across our services, we try to leverage the best of Apple TV+.

[...]

We really only do a few things. We only have a few products for the size of company we are. We pour all of ourselves in each one of those — and we do TV and movies the same way. It's about staying true to what Apple has always been. It's about staying true to innovation, staying true to our North Star. And if you're able to do that and entertain people in a great way, then we're doing pretty good.

I think the business of our being in this business will be good for us.

Cook added that 2025 is the first year the platform will release a full, weekly content slate, unaffected by the COVID-19 pandemic and industry strikes.

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Top Rated Comments

jgba Avatar
12 weeks ago
It's self-evident. No one buys an iPhone because of Apple TV+. The goal is to diversify the company's income, reducing dependence on hardware sales (cyclical and vulnerable to tariffs and geopolitical risk) and increase recurring subscription revenue.
Score: 14 Votes (Like | Disagree)
Artemiz Avatar
12 weeks ago
Of course. It's made to lose $1B at a time.
Score: 12 Votes (Like | Disagree)
turbineseaplane Avatar
12 weeks ago
I have nothing against AppleTV+, but I do get a little tired of being told that I can't have an iPhone Mini because it "doesn't make enough money", when ATV+ loses 1B per year.

iPhone Mini's at least made money and kept a faction of the users happy and in the ecosystem!
Score: 12 Votes (Like | Disagree)
dumastudetto Avatar
12 weeks ago
Given Apple TV+ is available on pretty much every rival platform, including Android, it shouldn't even be a question that needed answering.
Score: 9 Votes (Like | Disagree)
Gloor Avatar
12 weeks ago
I'm glad you are not. Apple TV+ is not perfect and it doesn't have too many things but there are some fantastic and very very high quality shows/movies.

Its in business for only few years. If Apple can maintain quality over quantity and work their way up then I think Apple TV+ will be very successful in the future.

I wish other shows had the same polish as some of the stuff on Apple TV+




If I were the CEO of Apple, the first thing on the chopping block would be Apple TV+.
Score: 9 Votes (Like | Disagree)
IceCool Avatar
12 weeks ago
If it were, it would be exclusive. Or rather, there would be significant tangible benefits from using Apple TV+ on the iPhone… which there aren’t.
Score: 6 Votes (Like | Disagree)