They project Apple Arcade subscriptions will grow significantly, powered by the ramp in popular titles, reaching an
estimated 70 million members by 2025. Similarly, the analyst expects Apple Music to maintain its
position as the second largest player in the streaming sector. They anticipate that the addressable
revenue opportunity for steaming revenues would be roughly 55 billion USD in 2025, driven by 900
million customers. Interestingly, while the majority of music streaming firms continue to expand, the
impact of a more competitive environment has recently begun to restrict growth for the larger
incumbent companies, like Apple Music, at the expense of the most recent arrivals. Despite slowing
growth, Chatterjee expects Apple Music to generate 7 billion- USD in sales by 2025, propelled by
growing adoption.
Amid the big sell-off on stock markets, Apple’s stocks are down 3%, despite the positive forecasts
about the company.
Movement of Apple’s stocks in the last five years. (Source: Trading Economics)
Sources: