Apple News could reach 19M subscribers, $2.2B in revenue by 2023, analyst says

Investment bank Cowen believes Apple News+ is a key pillar in growing Apple Services, and forecasts that it could reach 19 million paid subscribers by 2023.

Credit: AppleCredit: Apple

In a note to investors seen by AppleInsider, lead Cowen analyst Krish Sankar predicts that Apple News+ could grow to $2.2 billion in revenue by 2023, a compound annual growth rate (CAGR) of 31%.

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