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Apple TV+, a streaming application from Apple Inc (NASDAQ: AAPL), has made its way onto the Xfinity platform offered by Comcast Corporation (NASDAQ: CMCSA).
What Happened: AppleTV+ will be available on Xfinity X1, Xfinity Flex, and XClassTV platforms beginning March 7, Comcast said in a statement on Monday.
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Apple will dish out free previews of the first seasons of many of its popular shows, as well as the film “Greyhound," which stars Tom Hanks.
Xfinity customers who do not have an Apple TV+ subscription will receive a three-month free trial if they sign up through their device by April 25.
See Also: How To Buy Apple (AAPL) Shares
Why It Matters: Apple ramped up its marketing spend on Apple TV+ in 2021 to more than $500 million.
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Last year, the Tim Cook-led company planned to budget for adding a dedicated Apple TV+ button on the remotes of devices made by other manufacturers — an arrangement similar to the one it has with Roku, Inc (NASDAQ: ROKU).
Apple has not broken down Apple TV+ subscription numbers, but a showbiz union claimed the company has less than 20 million subscriptions in the U.S. and Canada as of July 1, according to a CNBC report.
In contrast, rival Netflix Inc (NASDAQ: NFLX) has 75.22 million paid subscribers in the U.S. and Canada and 222 million worldwide as of the last quarter.
Walt Disney Co’s (NYSE: DIS) Disney+ service, including Hotstar, has 118.1 million global subscribers, as reported in the previous quarter.
Price Action: On Monday, Apple shares closed nearly 2.4% lower at $159.30 in the regular session. The shares declined 0.35% in the after-hours trading.
Read Next: Gridiron Streaming Fight: Could Apple Beat Amazon To NFL Rights Carriage Deal?
Photo Courtesy: Comcast Corp
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.